Case study

RITES

RITES

Mixed signals1y model -28.5%

Each stock's 10,000-path forecast, rendered as light.

0Score

RITES (RITES) Stock Analysis & Case Study

Is RITES a good buy? The data-driven verdict.

RITES (RITES) trades at ₹214,on the numbers it mixed signals, a Downstox Snapshot Score of 49/100.

On the numbers, RITES (RITES) mixed signals, a Downstox Snapshot Score of 49/100, weighing premium at 25.0× earnings, ROE of 15.4%, a 20% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

RITES fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹10,277 Cr
Current price
₹214
P/E ratio
25.0×
P/B ratio
3.84×
Book value
₹56
Dividend yield
3.53%
ROCE
22.0%
ROE
15.4%
Piotroski F-Score
4/9

Is RITES overvalued? RITES P/E vs its sector

RITES's P/E of 25.0× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 3.53% dividend yield is above the peer median of 1.67%.

RITES P/E
25.0×
Peer median P/E
15.9×
RITES div yield
3.53%
Peer median yield
1.67%

RITES share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of RITES history (-26%/yr drift, 39%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RITES 2027₹93₹153₹254-28%
RITES 2028₹54₹111₹221-48%
RITES 2029₹33₹78₹187-63%
RITES 2030₹21₹56₹153-74%
RITES 2031₹13₹41₹123-81%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RITES goes up, or doubles?

20%
Higher in 1 year
Modelled chance the price is above today in 12 months
3%
Higher in 5 years
Modelled chance the price is above today in 5 years
0%
Doubles in 5 years
Modelled chance of reaching ₹427 within 5 years

The bull case for RITES

  • A healthy 15.4% return on equity.
  • Strong ROCE (22.0%) shows the core business earns well above its cost of capital.
  • Pays a 3.5% dividend yield, so you're partly paid to wait.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹187.

The bear case & risks

  • At 25.0× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.
  • The probability model is cautious 12 months out, only a 20% chance of finishing above today's price.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹33.

RITES volatility & expected range, how bumpy is the ride?

Over the last 2.0 years RITES compounded at -26%/year with annualized volatility of 39%. That volatility implies a 1-year 80% range of ₹93₹254, the honest backbone behind any single price target.

RITES price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
28.5%
80% range₹93–₹254
P(price ↑)20%
P(price 2×)0%
3-Year Forecast
2029
₹0
Median (P50)
63.5%
80% range₹33–₹187
P(price ↑)7%
P(price 2×)1%
5-Year Forecast
2031
₹0
Median (P50)
80.9%
80% range₹13–₹123
P(price ↑)3%
P(price 2×)0%

RITES price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RITES simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RITES hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RITES price target & forecast page.

RITES Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. RITES scores 4/9,mixed financial health.

RITES MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy RITES with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST32.4%3.1×
ZerodhaCHEAPEST32.4%3.1×
DhanCHEAPEST32.4%3.1×

Compare every broker on the RITES MTF page.

RITES vs peers,sector comparison

StockP/EDiv yieldMarket cap
RITES (this stock)25.0×3.53%₹10,277 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About RITES: sector, index & market-cap context

RITES (RITES) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹10,277 Cr. See more Nifty 200 stocks.

How the RITES Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of RITES's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RITES analysis, FAQs

Is RITES (RITES) a good buy?

On the numbers, RITES (RITES) mixed signals, a Downstox Snapshot Score of 49/100, weighing premium at 25.0× earnings, ROE of 15.4%, a 20% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RITES overvalued or undervalued?

RITES trades at 25.0× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the RITES share price target for 2031?

RITES's probability-weighted 2031 median target is ₹41, with an 80% range of ₹13₹123 (10,000-path Monte-Carlo).

What is the probability RITES doubles in 5 years?

The modelled probability of RITES reaching ₹427 (2×) within 5 years is 0%.

What is the bull case for RITES?

A healthy 15.4% return on equity. Strong ROCE (22.0%) shows the core business earns well above its cost of capital. Pays a 3.5% dividend yield, so you're partly paid to wait.

What are the risks in RITES?

At 25.0× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished. The probability model is cautious 12 months out, only a 20% chance of finishing above today's price.

More on RITES