Here's why Antique Stock Broking upgrades rating on this railway stock.
Thu, Sep 14, 2023 11:33 AM

Here's why Antique Stock Broking upgrades rating on this railway stock.

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Antique Stock Broking has upgraded its rating on shares of RITES to 'buy' with a target price of Rs 621, indicating an 18% upside from the current level. The ratings upgrade is based on stabilization of export backlogs, business commitments and annuity-style revenue from the growing consultancy division. This unique company offers rolling stock along with transport , consultancy and engineering.

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