🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

Why RITES Shares Are Rocketing Over 6% Today

Published 09-10-2024, 09:23 am
Updated 09-10-2024, 10:45 am
© Reuters.  Why RITES Shares Are Rocketing Over 6% Today
RITS
-

by Benzinga -

Shares of RITES (NS:RITS) shot up on Wednesday morning going up over 6% to hit an intraday high of ₹319.95.

What Happened: RITES has entered into a Memorandum of Understanding (MoU) with Etihad Rail, the UAE’s national rail network operator. The partnership aims to collaborate on railway and infrastructure services in the UAE and the wider region.

The collaboration aims to explore opportunities for supply/leasing of rolling stock, consultancy and project management for railway projects, and services such as repairing of rolling stock and operation & maintenance of railway infrastructure.

The partnership also includes a capacity analysis of rail corridors in the UAE and... Continue reading the full story on Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.