RITES Share Price in Focus; Consortium Bags ₹79.22 Crore Share in Patna Metro Consultancy Contract

RITES Limited has secured a major consultancy assignment as part of a consortium for the implementation of the Patna Metro Rail Construction Project. 

The contract has been awarded by Patna Metro Rail Corporation Limited, with RITES' share in the project valued at approximately ₹79.22 crore, excluding GST.  

Consortium Wins Patna Metro Consultancy Project 

The consortium has been selected to provide consultancy services for the implementation of the Patna Metro Rail Construction Project. 

The assignment has been awarded by Patna Metro Rail Corporation Limited, a domestic entity, and forms part of the metro project's execution and implementation framework.  

RITES' Share Valued at ₹79.22 Crore 

Under the contract, RITES' share is estimated at around ₹79.22 crore, excluding GST. 

The company will undertake its scope of consultancy services as part of the consortium throughout the project's implementation period.  

Execution Over 68 Months 

According to the company, the consultancy assignment is scheduled to be completed over 68 months. 

The long-duration contract is expected to support the implementation of one of Bihar's key urban transport infrastructure projects.  

Read More: Sterlite Technologies Wins European Patent Dispute Against Fujikura; EPO Revokes Patent! 

RITES Share Price Performance 

As of 10 July 2026, RITES share price was closed at ₹226.51 per share, reflecting a surge of 1.69% from the previous trading session. 

Conclusion 

RITES has strengthened its consultancy order book after securing a role in the Patna Metro Rail Construction Project through a consortium. With a contract share of approximately ₹79.22 crore and an execution period of 68 months, the project reinforces the company's presence in India's expanding metro rail infrastructure sector.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.