Rites secure additional work of consultancy services worth Rs45cr from Mauritius-based Metro Express

The order is for extension of the mainline from Rose Hill to Reduit through Ebene.

Jun 29, 2021 01:06 IST India Infoline News Service

RITES
Rites announced that Metro Express Limited, Mauritius has awarded additional work of consultancy services (PMC) for extension of the mainline from Rose Hill to Reduit through Ebene for an additional fee of MUR 250 million (Rs45cr).

In another development, the company also won two major orders worth Rs749.67cr from Railways Ministry.

At around 1.09 pm, RITES is trading at Rs277.65 per piece up by 0.4% on Sensex.

The stock has touched an intraday high and low of Rs283 per piece and Rs276.50 per piece respectively. 

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