📈 Rites Share Price Soars by 5% to Close at 695 Rupees
On Friday, Rites share price closed with a consecutive second day of increase. The result season is ongoing and stock-specific actions are being seen based on the results. Brokerage firm has selected the company’s share RITES for short-term investors. The share closed at 695 rupees, up by 5%. This week, the share has risen by nearly 8%. The special market will also be open on Saturday.
📊 HDFC Securities Recommends Buying Rites Shares
HDFC Securities has advised to buy Rites shares for the next 3 months. The share is currently trading at 695 rupees. If the share falls slightly, a recommendation to buy at the level of 651 rupees is given. In case of a decline, a stop loss of 632 rupees must be maintained. In terms of growth, the first target is 752 rupees and the second target is 815 rupees. These targets are for the next three months.
📈 Rites Share Performance Highlights
The 52-week high of this share is 826 rupees, which was recorded on February 27. This week, the share is up by 8%. A return of three-quarters in two weeks and a return of approximately 5% in a month. It has given a negative return of 8% in the last 3 months. So far this year, it has given a return of 38%, 45% in six months, and 75% in one year.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
