RITES Secures ₹373 Crore NIMHANS Project

a leading government engineering consultancy, has won a ₹373 crore project management contract from NIMHANS to oversee construction of a new Outpatient Department (OPD) building in Bengaluru. The turnkey project will be completed within 36 months and includes comprehensive management services to ensure timely delivery and quality standards. This contract, awarded directly by NIMHANS, underscores RITES’ position as a trusted partner for major public infrastructure projects, and the announcement led to a steady rise in its share price on the stock market. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.