Bengaluru, June 25 -- PSU stock known for its excellence in transport infrastructure consultancy and project management, has announced a major achievement with the securing of a significant order worth Rs. 28.50 Crores from Gujarat Urban Development Company Limited (GUDC).

With a market capitalization of Rs. 13,445 Crores, shares of RITES Limited opened at Rs. 281.90 per equity share, from its previous day's closing price of Rs. 275.85. The received order pertains to the "Appointment of Third-Party Inspection(TPI) Agency for Water Supply Schemes(WSS), Underground Drainage(UGD), and Sewage Treatment Plant(STP) Projects" under two key government initiatives: AMRUT2.0 / SJMMSVY yojana and it is to be executed within 60 months.

These schem...