Rites Ltd (NSE: RITES): Engineering consultancy PSU Rites Ltd has emerged as the lowest bidder for a ₹60 crore order from Uttar Pradesh State Bridge Corporation. Following the announcement on Friday, September 6, Rites Ltd share was trading marginally higher at Rs 665 by the afternoon after jumping in the morning session on Friday. Rites Ltd emerged as the most expensive bidder on the tender offered by the company. Rites Ltd stated in a statement on stock exchanges that the bid price is estimated at 60.03 crore rupees, which excludes GST. During the contract, Rites Ltd will provide consulting services…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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