RITES bags ₹175.41 crore consultancy project from BBA University
RITES has been awarded a Project Management Consultancy contract worth ₹175.41 crore by Babasaheb Bhimrao Ambedkar University to oversee campus infrastructure work. This project, set to span 30 months, adds to the company's growing consultancy backlog. Following the announcement, RITES shares surged 9.33%, supported by a total order book of ₹9,416 crore. Trading activity also spiked, with 13.44 million shares changing hands, significantly higher than the 30-day average volume of 3.97 million.
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