RITES Limited (NSE: RITES), a leading multidisciplinary engineering and consultancy organization, has signed a Memorandum of Understanding (MoU) with National Highways & Infrastructure Development Corporation Limited (NHIDCL) to provide specialized consultancy and technical support services for the planning, development, construction, and maintenance of highway and infrastructure projects across North-East and other strategic areas.

Scope of Collaboration

Under this agreement, RITES will provide a broad spectrum of consultancy services, including preparation of Detailed Project Reports (DPRs) for highways and tunnels, external technical audits and third-party quality assurance, structural health assessments of bridges and flyovers, technical support unit services, road safety audits, crash investigation and mitigation planning, slope stability studies, and design services, along with Authority Engineering services for highway, tunnel, and slope stability projects.

Strategic Partnership

The MoU establishes a framework to enhance project planning, engineering excellence, construction quality, and safety standards across NHIDCL’s infrastructure portfolio. By bringing together NHIDCL’s expertise in developing national highways and strategic infrastructure with RITES’ extensive experience in transport infrastructure consultancy, the partnership aims at supporting the timely and efficient delivery of critical projects that drive regional connectivity and growth.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of RITES Limited

RITES Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.

RITES moves sideways over three months, with neither buyers nor sellers taking control. D/E of 0.00 and a 5.41% dividend yield give the balance sheet a decent cushion. A 5.41% dividend yield is exceptional — this stock acts like a high-yield bond with equity upside. The stock holds at 30% of its 52-week range with RSI at 33. In other words, neither side has a clear edge right now. Revenue grows at -2.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of RITES Limited.

Raymond Limited (RAYMOND) has achieved a significant milestone in its Aerospace & Defence journey with its subsidiary JK Maini Global Aerospace Limited emerging as successful in the tender process for the assembly of wing structures and centre fuselage structures for a major indigenous fighter aircraft programme.

Strategic Expansion into Aircraft Structures

This development marks Raymond’s proposed entry into the aircraft structures vertical, expanding its capabilities beyond precision manufacturing into complex, higher-value aircraft assemblies. The programme is envisaged to leverage the customer’s existing infrastructure, enabling Raymond to develop capability and establish execution credentials while maintaining a capital-efficient approach.

Execution Excellence and Future Opportunities

Rakesh Tiwary, Group CFO, Raymond Group, said: “This opportunity is strategically much larger than its immediate business potential. It provides Raymond an entry into the high-value aircraft structures segment while maintaining capital efficiency. More importantly, it gives us an opportunity to establish critical execution credentials that can position Raymond’s subsidiaries for participation in larger aerospace programmes in India and globally. Our focus will be on execution excellence and building this capability into a scalable growth platform.”

Raymond Limited now has two core businesses within the Engineering vertical – Aerospace and Defence & Tools and Auto Components. With the acquisition of Maini Precision Products Limited (MPPL), Raymond’s engineering business has forayed into the sunrise sectors of Aerospace and Defence. This move positions Raymond to cater to both international and domestic markets.

As a diversified Indian conglomerate, Raymond Group is transforming into a new-age enterprise, building businesses with strong technology, manufacturing capabilities, execution excellence, and long-term growth potential. To know more, visit us today at www.raymond.in

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Raymond Limited

Raymond Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.

Raymond gains 84.2% over three months and trades near its 52-week highs. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The PEG of 1.45 sits close to fair value. The stock is neither a clear buy nor obviously expensive. RSI hits 84, a level that signals the stock runs hot. Notably, buyers drove volume on 16 recent sessions — though at these levels, some profit-taking is normal. The stock rises 84.2% in three months on -36.0% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Raymond Limited.

Oswal Pumps Limited (NSE: OSWALPUMPS) is pleased to announce that it has secured a significant order from the Telangana Renewable Energy Development Corporation Limited (TGREDCO) for the design, supply, installation, and commissioning of 2 kW, 5 kW, and 10 kW on-grid solar rooftop PV power plants across 9,937 government schools in 33 districts of Telangana. The project covers an aggregate capacity of 46,705 kW (46.7 MW) and includes the deployment of Mono PERC/TOPCON solar modules, along with normal structures, RMS, and comprehensive maintenance for a period of five years. The total quoted value stands at ₹273.19 crore, excluding GST.

Project Scope and Significance

The project is expected to support the adoption of renewable energy infrastructure across educational institutions in Telangana while contributing to the state’s broader clean energy objectives. Commenting on the order, Mr. Vivek Gupta, Chairman and Managing Director, Oswal Pumps Limited, said, “We are pleased to secure this order from TGREDCO for the development of 46.7 MW of rooftop solar capacity across 9,937 government schools in Telangana. This marks our first major order from Telangana and an important milestone in expanding Oswal Pumps’ presence into new markets.”

Company’s Commitment

Being selected as the successful bidder for a programme of this scale underscores the strength of our technical and execution capabilities. We remain committed to delivering this project with a strong focus on quality, timely delivery, and long-term performance, and look forward to establishing a presence in Telangana while contributing to the State’s clean energy goals,” Gupta added.

About Oswal Pumps Limited: Oswal Pumps is one of India’s fastest-growing, vertically integrated solar pump manufacturers. With a legacy of over two decades in pump engineering and manufacturing, the Company is a fully integrated provider of turnkey solar pumping systems. It has established a strong presence across solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules—all marketed under the trusted ‘Oswal’ brand.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Oswal Pumps Limited

Oswal Pumps Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.

Oswal drops 37.5% over three months and trades near its 52-week lows. The PEG of 0.07 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 76.7% and profits at 122.4% CAGR. Both numbers are exceptional. The stock sits at 1% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 76.7% and profits at 122.4% CAGR, with D/E of 0.00. Meanwhile, the stock dips 37.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Oswal Pumps Limited.