India, Jan. 27 -- The shares of this railway PSU, engaged in the transport consultancy and engineering sector in India, having diversified services and geographical reach, are in focus after it secured a key contract worth $20.6 million. In this article, we will dive more into the details of this.

With a market capitalisation of Rs 10,630 crore, the shares of Rites Ltd are currently trading at Rs 222 per share, up 4 percent from its day's low price of Rs 213.85 per share. Over the past five years, the stock has delivered a return of 74 percent, underperforming NIFTY 50's return of 84 percent.

About the order RITES Limited, through a stock exchange filing, announced that it has received a Letter of Intent (LOI) from ICVL Mozambique to s...