Rites share price jumps 13% after Northeast Frontier Railway boosts project
Mon, Nov 25, 2024 10:53 AM

Rites share price jumps 13% after Northeast Frontier Railway boosts project

A Flip by Avya Verma
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Rites share price jumped by 13% during Monday’s trading session following the announcement that the Northeast Frontier Railway had significantly increased its project estimates. The new estimate now stands at ₹531.77 crore, a remarkable rise from the previous figure of ₹288.44 crore. This surge reflects positive market sentiment for the stock and confidence in the company’s prospects as it adds.

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