RITES declares interim dividend of ₹1.9 per share
RITES (RITES) said its board has declared a interim dividend of ₹1.9 per equity share. The company is valued at about ₹9,282 crore.
What happened
In a filing with the BSE on 4 November 2026 at 05:04 PM, RITES (RITES) said that its board has declared a interim dividend of ₹1.9 per equity share.
From the filing: "Board of Directors of Directors of the Company in their meeting held on 04.11.2026 has declared the 2nd Interim Dividend of Rs. 1.90 per share for FY 2026-27."
How big is it?
At the latest price of ₹193.1, the ₹1.9 payout amounts to 0.98% of the share price.
Company snapshot
RITES is a small-cap company in the Construction sector, with a market value of about ₹9,282 crore.
The stock last traded at ₹193.1, against a 52-week range of ₹175–₹259.7 (25.6% below the high).
Before this filing the shares had moved −7.8% over the month and −10.6% over three months. Average daily turnover over the last 20 sessions was about ₹32.14 crore.
Promoters held 72.20% at the end of Q1 FY27. Foreign institutions owned 3.43% and domestic institutions 8.75%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 490 | 80.1 | 1.67 |
| Q2 FY26 | 549 | 98.2 | 2.04 |
| Q3 FY26 | 609 | 102 | 2.12 |
| Q4 FY26 | 768 | 130 | 2.7 |
| Q1 FY27 | 532 | 87.2 | 1.81 |
What history shows
BCEIE's records show 2 previous dividend filings from the company since May 2026.
After those filings, the stock gained 5.4% on average the next trading day and was up 3.4% on average after five days (2 filings with price data).
Across 22 similar disclosures by other Construction companies, shares moved −0.2% on average the next day and −1.9% over five days; 41% of them rose the next day.
Market-wide, 980 dividend filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 4 Aug 2026 | A press release dated August 04, 2026, titled "RITES Q1FY27 Revenue… | +7.1% | +3.4% |
| 4 Aug 2026 | Record date for the purpose of first interim Dividend for the FY… | +3.7% | +3.4% |
What to watch
- 4 November 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- RITES Ltd. Estimates – NSE:RITES
- RITES Limited invites bids for Sri Lanka railway brake spares
- RITES to host investor meet on Nov 5 to discuss Q2FY27 results
- IRFC, RVNL, IRCON, RITES, BEML, Jupitar Wagons, IRCTC, Concor: Are Railway Stocks Attractive Before Q1 Results
- At UN, India reminds Pakistan how Indian Army buried its Kargil soldiers with ‘military honours, Islamic rites’ | World News
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.