Equity Analysis

Company Profile

Company News

Presstonic Engineering Ltd

Industry : Engineering

BSE Code

ISIN Demat

Book Value()

92232

INE0R1601012

32.2021984

NSE Symbol

P/E(TTM)

Mar.Cap( Cr.)

PRESSTONIC

28.12

74.76

EPS(TTM)

Face Value()

Div & Yield %:

3.45

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Rites Ltd

Rites jumps on bagging Rs 28-cr LoA from South Central Railway

Mar 07,2025

The LoA includes carrying out final location survey, which involves preparing the detailed project report (DPR), final alignment design, traffic survey report, rate of return (ROR) calculations, detailed estimates, and the preparation of EPC documents for the High-Speed Elevated Rail Corridor between Hyderabad-Bengaluru and Hyderabad-Chennai, using modern survey techniques such as Airborne and Terrestrial LIDAR.

The value of the order is Rs 27.96 crore, and it is scheduled to be completed within eight months.

The official announcement was made on Thursday, 06 March 2025, after market hours.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.