Miscellaneous · RITE
Railways
from 216 today
RITES delivered an in-line Q1FY27 performance with revenue growing 9% YoY, driven by turnkey and leasing, though exports were deferred to Q2. We maintain our BUY rating with a revised target price of INR 267, supported by a record order book and an attractive dividend yield.
RITES Ltd. reported a steady performance in Q1FY27 supported by a robust order book and upcoming export dispatches that will accelerate top-line realisation. We maintain our BUY recommendation on the stock with a target price of Rs 250.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
