Introduction
Leading transport infrastructure consultancy signs MoU with Etihad Rail and its UAE subsidiary NICC LLC to collaborate on mobility sector projects, combining expertise and execution capabilities for regional and international infrastructure development.
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Share price movement of RITES
On October 1, 2025, RITES Limited opened at ₹250.00, up 1.58% from its previous close of ₹246.05. The stock reached a high of ₹253.00 (2.80%) and a low of ₹248.25. By 2:53 PM, it traded at ₹251.45, a 2.19% increase, with a market cap of ₹12,084.78 crore.
RITES Signs MoU with Etihad Rail UAE
RITES Limited signed a memorandum of understanding (MoU) with Etihad Rail to expand business collaboration in the mobility sector. The MoU involves RITES’ subsidiary NICC LLC, UAE-based.
The signing took place during the Global Rail Transport Infrastructure Exhibition & Conference in Abu Dhabi. H.E. Shadi Malak and Mr. Rahul Mithal signed the MoU in the presence of dignitaries.
The partnership will combine RITES’ consultancy expertise with NICC’s execution capabilities. It aims to develop infrastructure projects in UAE and beyond, strengthening RITES’ international footprint under ‘RITES Videsh’.
Recent news on RITES
As of September 19, 2025, RITES Ltd secured a ₹78.65 crore rate contract from NTPC Limited for leasing diesel locomotives to power plants across India.
Stock performance of RITES for Period of 1 week, 6 months, and 1 year
RITES Ltd delivered a -4.74% return over the past week. It gained 10.4% in the past six months but declined by 26.4% over the past year.
Shareholding pattern of RITES
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 72.20% | 72% | 72% |
| FII | 3.50% | 3.30% | 3.30% |
| DII | 9% | 9% | 9% |
| Public | 16% | 16% | 16% |
About RITES
RITES Limited (NSE: RITES), established in 1974, is a leading public sector transport consultancy and engineering firm in India. It provides diversified services and exports rolling stock internationally, excluding Thailand, Malaysia, and Indonesia.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: RITES Limited share price is rising after signing an MoU with Etihad Rail and NICC LLC for mobility projects.
A: Promoters hold 72.20% stake in RITES Limited stock, reflecting majority ownership and control.
A: RITES Limited stock has a 52-week high of ₹349.90 and a 52-week low of ₹192.30.
