The report says RITES' Q4FY24 revenue fell 8% YoY to Rs 6.1bn with PAT down 11.1% YoY to Rs 1.23bn, that the order book stood at Rs 56.9bn with a Rs 9bn Bangladesh LOA received in May'24 and management guiding to margins of 25-27% and PAT margins near 20%, and it rates the stock ACCUMULATE with a fair value of Rs 760-780 against a CMP of Rs 686.7.
Read this note →RITES Limited
NSE RITES BSE 541556 INE320J01015
0 filings · 0 analysed
196.80
-16.08%
over 1 year
-
The report says RITES' Q4FY24 revenue fell 8% YoY to Rs 6.1bn with PAT down 11.1% YoY to Rs 1.23bn, that the order book stood at Rs 56.9bn with a Rs 9bn Bangladesh LOA received in May'24 and management guiding to margins of 25-27% and PAT margins near 20%, and it rates the stock ACCUMULATE with a fair value of Rs 760-780 against a CMP of Rs 686.7.
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing. Hollow markers are broker reports, which carry a publication date but no time; they are drawn at that day's market open.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| Way2Wealth Brokers Pvt. Ltd. | 09 Oct 2026, 15:30 | long | 198.66 | 780.00 | 194.72 | -1% | open by 2027-10-09 |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
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