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RITES Ltd. maintains a BUY recommendation with a target price of Rs 275, reflecting a 24% upside from the current market price of Rs 223. The company has a strong order book of Rs 9,262 Cr, with a positive outlook for revenue growth driven by consultancy and export segments, despite some misses in Q3FY26 financial estimates. Management expects double-digit revenue growth and margins of around 20% for FY26, supported by a robust pipeline of projects.

Author

SoumyaAnandSingh

Language

EN