Bharat Electronics awards ₹177 crore contract to RITES for Andhra Pradesh manufacturing unit

The ₹177.225 crore contract, excluding GST and including PMC fees, will be executed over a period of 24 months from the date of the agreement. The project will be undertaken on a cost-plus basis. Shares of RITES Ltd ended at ₹264.60, down by ₹9.00, or 3.29%, on the BSE.

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