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RITES' shares gain over 29% YTD; 10% stake sale fetches Rs 729 crore for govt

Updated : November 27, 2019 12:17 PM IST

The one-year return on the stock is also positive with RITES Ltd shares adding over 29 percent in value.
RITES Ltd's shares have returned over 29 percent year-to-date, despite falling 7.5 percent in the last one week.
The 10 percent offer for sale of RITES was fully subscribed with disinvestment proceeds of Rs 729.44 crore.
RITES' shares gain over 29% YTD; 10% stake sale fetches Rs 729 crore for govt

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