RITES has signed two significant Memorandums of Understanding (MoUs) recently. The first MoU was signed with the Delhi Metro Rail Corporation (DMRC) to collaborate on comprehensive operations and management projects of metro railway systems, as noted in an Exchange Filing. Following this announcement, RITES' share price gained 6% to Rs 721 apiece on the BSE. The second MoU was signed with Damodar Valley Corporation (DVC) for innovation in rail infrastructure works. This collaboration will focus on maintenance and operations of railway sidings, signalling systems, and OHE isolators across DVC's private network in West Bengal and Jharkhand.
Stocks In News | RITES: Signed an MoU with Damodar Valley Corporation (DVC), Ministry of Power, to collaborate for the comprehensive maintenance and operational management of railway sidings, signalling and telecommunication (S&T) systems, and 25KV Overhead Electrification (OHE)… https://t.co/uoEtXX0rCD
#RITES inks MoU with Damodar Valley Corporation (DVC) to collaborate on maintenance & operations of railway sidings, signalling systems & OHE isolators across DVC's private network in West Bengal & Jharkhand.
#RITES signs MoU with #DamodarValley Corp for innovation in rail infra works: Exchange Filing
#JustIn | RITES signs MoU with Damodar Valley Corporation for innovation in rail infra works https://t.co/N4wSTh3SSC
#MarketsWithBS | #RITES share price gained 6% to Rs 721 apiece on the #BSE on Friday after the railway firm signed a MoU with #DelhiMetro Rail Corporation. #DMRC #markets #sharemarket #stockmarket #buzzingstocks https://t.co/vsZPCZPJZ1
#Rites: Co Signed Memorandum Of Understanding (Mou) With #Delhi Metro Rail Corporation Ltd. (DMRC) for Collaboration in Comprehensive Operations and Management Projects of #Metro Railway Systems.
#RITES, #DMRC sign MoU for exploring O&M of metro rail systems: Exchange Filing