India's RITES Ltd rises on signing MoU with UltraTech Cement
** Engineering and consultancy firm RITES Ltd's RITES shares up as much as 3.1% to 707.50 rupees; last up 1.8%
** Company signs MoU with UltraTech Cement ULTRACEMCO for project management consultancy services of rail infra projects
** UltraTech shares up 0.2%
** RITS set to snap two straight weeks of losses if trends hold
** 2 of 5 brokerages rate stock "strong buy", 1 "sell", 1 "strong sell", 1 "hold"; median PT 683 rupees - LSEG
** Stock has been trading above its 200-day moving avg since August 2022
** Including session's gain, RITES shares up ~39% YTD