Latest news with #RailTel
Mint
9 hours ago
- Business
- Mint
Rail PSU stock RailTel declares date to consider Q1 results. Details here
Stock Market today: Rail PSU stock RailTel has declared a date to consider Q1 results. Check for the details here Rail PSU stock RailTel Corporation on Wednesday, 23 July 2025, announced the date to consider Q1 results. As per the release of RailTel on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, RailTel Corporation of India Ltd announced that 'the Board of Directors of the Company is scheduled to be held on Monday, 28th July 2025, inter alia, to consider and approve unaudited Financial Results for the quarter ended on 30th June 2025.' The investors will be awaiting eagerly for the financial performance for the quarter ending June 2025 as the company remains in focus on regular flows. RailTel Corporation of India recently announced having received a ₹ 264 crore work order. The work order for RailTel Corporation is from East Central Railway. The works involve the provision of Kavach (indigenous Train Collision Avoidance System) on low-density railway track in 607 km of East Central Railway. RailTel Corporation of India had also announced having received the work order from Indian Overseas Bank for TENDER amounting to Rs. 10,27,11,362 (including tax) RailTel Corporation of India in July itself had also received the work order from the General Administration Department (GAD) of Chhattisgarh. The work order amounted to Rs. 174,774,625 (including tax). RailTel Corporation of India also had received the LOI from Central Warehousing Corporation for a work order amounting to Rs. 96,998,011.8 (including tax). The RailTel share price was trading almost flat on the BSE on Wednesday. The RailTel share price that had seen a 52-week, or 1-year, high of ₹ 549.50 in July last year, however, had slipped to a 52-week, or 1-year, low of ₹ 265.30 in the month of March with a correction in the markets. Railtel's share price thereafter has seen a sharp rebound to ₹ 401 levels now. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
6 days ago
- Business
- News18
RailTel Shares Rise 4% After Rs 264 Crore Order from East Central Railway
Last Updated: RailTel Corporation of India's share price is expected to remain in focus on July 15 after the company secured a significant work order RailTel Shares Price: RailTel Corporation of India's share price is expected to remain in focus on July 15 after the company secured a significant order worth Rs 264.07 crore from the East Central Railway. The contract involves implementing Kavach, an indigenous Train Collision Avoidance System, across 607 route kilometres (RKm) of low-density railway tracks. The project is scheduled to be completed by July 14, 2027. This is the latest in a string of order wins for the PSU. Earlier this month, RailTel received a Rs 10.27 crore order from Indian Overseas Bank and another worth Rs 17.47 crore from the General Administration Department (GAD), Chhattisgarh. It also received a Letter of Intent (LOI) from Central Warehousing Corporation for a Rs 96.99 crore project. On the technical front, the stock hit its 52-week high of Rs 607.85 on July 15, 2024, and a low of Rs 265.30 on March 3, 2025. Currently, it trades 32.6% below its 52-week high and 54.43% above its 52-week low. RailTel's market capitalisation stands at Rs 13,148.85 crore. view comments First Published: July 15, 2025, 08:18 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
15-07-2025
- Business
- Business Standard
Why did RailTel share price rise 4% in trade today? Check details here
Railtel Corporation share price: State-owned RailTel Corporation of India (RailTel) shares rose up to 3.85 per cent to hit an intraday high of ₹425.50 per share, on Tuesday, July 15, 2025. At 9:50 AM, RailTel share price was trading 2.44 per cent higher at ₹419.70 per share. In comparison, BSE Sensex was trading 0.08 per cent higher at 82,320.27 levels. Why did RailTel share price rise in trade today? The northward move in the RailTel Corporation share price came after the company announced that it has secured a work order from East Central Railway for works amounting to over ₹264 core. In an exchange filing, RailTel Corporation said, 'This is to inform you that RailTel Corporation of India Ltd. has received the work order from East Central Railway for Works amounting to ₹2,64,06,97,427 (including tax).' As per the order, RailTel will be responsible for implementing Kavach, the indigenous Train Collision Avoidance System, across 607 route kilometers (RKm) of low-density railway tracks in the East Central Railway zone. Meanwhile, the order needs to be completed by July 14, 2027, RailTel said in a statement. Track Stock Market LIVE Updates RailTel Q4 results RailTel posted a 46.3 per cent year-on-year (Y-o-Y) rise in standalone net profit to ₹113.4 crore for the fourth quarter of FY25, up from ₹73.53 crore in the same quarter last year. Its revenue from operations surged 57.1 per cent to ₹1,308.2 crore in the March quarter (Q4FY25). Profit before tax (PBT) also saw strong growth, rising 48.3 per cent to ₹151.1 crore in Q4FY25 from ₹101.9 crore in Q4FY24. For the full fiscal year FY25, RailTel's standalone net profit grew 21.7 per cent to ₹299.81 crore, while revenue from operations rose 35.4 per cent to ₹3,477.50 crore compared to the previous year. About RailTel RailTel Corporation of India, founded in 2000 as a public sector undertaking under the Ministry of Railways, plays a crucial role in modernising India's railway communication systems and providing broadband services across the country. The company's primary services include broadband connectivity to urban and rural areas, offering mission-critical communication solutions like video surveillance and e-office services, and providing Wi-Fi and on-demand content at major railway stations. It also focuses on network modernisation to improve train operations and administration, ensuring the smooth functioning of the railway system. Additionally, RailTel has been instrumental in various large-scale government projects such as Bharat Net, the National Knowledge Network, and optical fiber connectivity initiatives in the North East. RailTel was formed through the Railway Budget of 2000, with the goal of leveraging the existing telecom assets and the Right of Way (ROW) of Indian Railways to contribute to the National Telecom Policy of 1999.
Economic Times
15-07-2025
- Business
- Economic Times
RailTel shares in focus after securing Rs 264 crore deal for Kavach safety system
Shares of state-owned RailTel Corporation of India will be in focus on Tuesday after the company announced it has received a work order worth Rs 264 crore (inclusive of taxes) from East Central Railway for the implementation of the Kavach system—India's indigenous Train Collision Avoidance System (TCAS). ADVERTISEMENT The project involves deploying Kavach over 607 route kilometres of low-density railway track under the jurisdiction of East Central Railway. The contract is scheduled for completion by July 14, 2027. Last week, RailTel also secured a separate order worth Rs 17.47 crore from the General Administration Department (GAD) of Chhattisgarh. The scope of this contract includes the implementation of an integrated communication infrastructure comprising WLAN, LAN, EPABX systems, network connectivity, hardware procurement, commissioning, and long-term operations and maintenance. This project is expected to be completed by January 14, 2031. The latest contract adds to a string of significant orders RailTel has received in July, bringing its total order value for the month to over Rs 130 crore. Also Read: SBI, HDFC Bank among 10 banking stocks in Antique's top picks that may rally up to 50% ADVERTISEMENT According to Trendlyne data, the average target price for RailTel shares is Rs 270, implying a potential downside of 34% from current levels. The lone analyst tracking the stock has given a 'Strong Sell' recommendation. RailTel shares have gained 9% over the past six months and have surged 195% over the last two years. The company currently commands a market capitalization of Rs 13,148 crore. ADVERTISEMENT RailTel, a Navratna public sector undertaking under the Ministry of Railways, is one of the largest neutral telecom infrastructure providers in India. Also Read: Brokerages initiate coverage on Delhivery, 7 other stocks; up to 33% upside seen (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
15-07-2025
- Business
- Business Standard
Stock Market LIVE: Infosys, Sun Pharma lift Sensex 200 pts; HCLTech down 3%, Tejas Networks 5%
Sensex Today | Stock Market LIVE on Tuesday, July 15, 2025: Among sectors, the Nifty IT, and Metal indices erased gains and were down 0.34 and 0.2 per cent respectively 10:31 AM Stock Market LIVE Updates: RailTel Corporation up 4% on bagging ₹264-cr deal from East Central Railway Stock Market LIVE Updates: State-owned RailTel Corporation of India (RailTel) shares rose up to 3.85 per cent to hit an intraday high of ₹425.50 per share, on Tuesday, July 15, 2025. At 9:50 AM, RailTel share price was trading 2.44 per cent higher at ₹419.70 per share. In comparison, BSE Sensex was trading 0.08 per cent higher at 82,320.27 levels. READ MORE 9:23 AM Stock Market LIVE Updates: All sectors open in green Stock Market LIVE Updates: All sectoral indices were trading higher, led by Nifty Auto, Oil & Gas, Pharma, Energy, and Realty. 9:22 AM Stock Market LIVE Updates: A glance at broader market Stock Market LIVE Updates: Broader market indices traded in green after market opened. The Nifty Midcap 100 index was up by 0.61 per cent and Nifty Smallcap 100 was up 0.76 per cent. 9:21 AM Stock Market LIVE Updates: Index heatmap check Stock Market LIVE Updates: After the markets opened, majority of the 30 Sensex constituents were trading higher. Sun Pharma, Tata Motors, Mahindra & Mahindra, Trent and Bharat Electronics were the top gainers. HCL Tech, Eternal, Ultratech, and ICICI Bank were the laggards. 9:18 AM Stock Market LIVE Updates: Nifty opens in green, above 25,100 Stock Market LIVE Updates: Post-opening, NSE Nifty50 was trading at 25,138 levels, up 65 points or 0.25 per cent. 9:17 AM Stock Market LIVE Updates: Sensex up 180 pts, above 82,400 9:09 AM Stock Market LIVE Updates: Sensex, Nifty settle flat in pre-market Connect with us on WhatsApp
