Bengaluru, Oct. 3 -- The shares of a government-owned transport consultancy and engineering firm drew attention following the receipt of a work order from the Damodar Valley Corporation.

With the market capitalization of Rs.12,161.68 crores, the shares of RITES Limited are trading at Rs.253.90, up by 0.46 percent from its previous day's closing price of Rs.251.75 per equity share.

Work Order

RITES Limited has secured a new contract worth Rs. 36 crores from the Damodar Valley Corporation. The contract is for the annual maintenance, O&M of Signaling and Telecommunication and the operation of 25KV electrical systems at the DVC Mejia Thermal Power Station. The work is expected to be completed within 730 days from the commencement of work....