RITES Ltd.

NSE: RITES · Construction

₹196.11

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 68% confidence

Stock's 18.33% underperformance vs NIFTY over 12 months, accelerating momentum collapse, and absent earnings data outweigh oversold…

Strongest bull point

RSI at 28.52 is oversold with flat volume, creating mean-reversion bounce potential to EMA20 (₹208.51), while 3.46% dividend yield and ₹9,416 crore order book provide downside support.

Strongest bear point

Severe relative underperformance, bearish EMA stack, and complete lack of fundamental data to validate order book conversion or earnings quality suggest market has priced in deterioration not yet disclosed.

Technical Forecast · next 10 trading days

Expected

₹204.24 +4.2%

Range

₹204.09 – ₹204.47

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Every call on RITES, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹196.11 → ₹196.11 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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