The Promoter currently holds, directly and indirectly through his nominees , 100% of the pre-Offer paid-up Equity Share capital of the Company. Such cookies and other technologies helps us to identify you and your interests, to remember your preferences and to track use of zeenews. The company is debt free whose return ratios are positive too. Book profit and shift in any beaten down but quality midcap. If the price of Rites Limited is trading above 276. The floor price was 18 times of the face value of the equity shares, and the cap price was 18. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.
According to most analysts, the issue was attractively or reasonably priced. Design, engineering and consultancy services in transport infrastructure sector with a focus on railways, urban transport, roads and highways, ports, inland waterways, airports, and ropeways; 2. It was established in 1974 under the aegis of the Indian Railways and was incorporated as a public limited company under the Companies Act, 1956. On the site we feature industry and political leaders, entrepreneurs, and trend setters. Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide 2019 Edition on picking money-making stocks. Design, engineering and consultancy services in transport infrastructure sector with a focus on railways, urban transport, roads and highways, ports, inland waterways, airports, and ropeways; 2.
Reports also said China would be condemned for espionage by the U. If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. The stock had surged 15 per cent over its issue price of Rs 185 in its debut trade yesterday, and rallied another 4 per cent today, taking the overall gains to 19. These orders can be cancelled or modified during this period. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. The stock has a potential to undergo a rerating after the company announces its quarterly numbers and management defines its commentary on future growth.
Equities have come under pressure after the U. Ambani , is India's largest private sector enterprise, with businesses in the energy and materials value chain. Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report. And the benchmark was at 36,321. The Pharmacy Services segment offers transparent and traditional pharmacy benefit management for insurance companies, employers, health plans, and government employee groups.
We hate spam as much as you do. The company has six months to regain compliance and said it may conduct a reverse stock split. Could u plz clarify whether allotment will take time or if not when refund will be processed. Leasing, export, maintenance, and rehabilitation of locomotives and rolling stock; 3. It said that being present in the niche space of transport consultancy, the company is well-poised to benefit from the large opportunities in the infrastructure space, especially railways. Copyright © Equitymaster Agora Research Private Limited.
Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. We use the following types of cookies: Persistent Cookies We use persistent cookies to improve your experience of using the sites. It was established in 1974 under the aegis of the Indian Railways and was incorporated as a public limited company under the Companies Act, 1956. However, this will not prevent the sites from placing further cookies on your device unless and until you adjust your Internet browser setting as described above. Information herein should be regarded as a resource only and should be used at one's own risk. Without these essential cookies we may not be able to provide certain services or features and our site will not perform as smoothly for you as we would like. Went as high as 321.
For instance, we will recognize your user name and remember how you customized the sites and services, for example by adjusting text size, fonts, languages and other parts of web pages that are alterable, and provide you with the same customizations during future visits. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others. Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Most Popular Jan 9, 2019 For the first time, we have recommended a bluechip stock in Smart Money Secrets. The session was a bearish session and prices moved within a range of 259.