Announced Wed, 23 Sept, 2026 · 13:34 IST
RITES signs MoU with NHIDCL for highway and infra consultancy
RITES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹203.89
prior close
₹202.79
base price
In-mkt
timing
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AI summary
RITES, a Navratna PSU transport consultancy, signed an MoU with government entity NHIDCL to provide consultancy and technical support for highway and infrastructure projects in North-East and other strategic areas. Services include Detailed Project Reports for highways and tunnels, technical audits, bridge structural health assessments, road safety audits, slope stability studies, and Authority Engineering services.
Likely market impact
Positive for RITES; opens new revenue opportunity in highway consultancy by leveraging its expertise with NHIDCL's infrastructure project pipeline.