RITES shares surged 16% after securing a Rs 175 crore project management consultancy order from Babasaheb Bhimrao Ambedkar University for campus infrastructure development. The company also recently inked an MoU with CONCOR to collaborate on logistics infrastructure projects, leveraging RITES’ expertise for planning, design, and execution. This follows a period of mixed stock performance, with recent gains after earlier declines.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500