RailTel Corporation of India Ltd shares will hog the limelight tomorrow after the company informed on February 25, 2025 about receiving 2 major orders post market hours. RailTel Corporation share price today ended the day 0.29% lower to Rs 307.55 per share. The stock gained over 5% in last 1-week and surged more than 183% in last 2-years. The market capitalisation of the Navratna PSU stood at Rs 9,870.46 crore. Meanwhile, return on equity (ROE) of the stock is 13.98%.
The company recommended a total of 9 dividends since 2021 while it never announced any bonus shares and stock split till date. It is worth noting that FII/FPI increased holdings from 3.05% to 3.34% for December 2024 quarter. Check details below:
RailTel Corporation of India Bags Major Orders
According to the exchange filing of the PSU dated Feb 25, 2025, “this is to inform that RailTel Corporation of India Ltd. along with its consortium has received the work order from South Central Railway for an Order amounting to Rs. 1,11,42,51,936 (Including Tax).
RailTel Corporation of India along with its consortium has received the work order from South Central Railway for an Order amounting to Rs. 56,65,62,304 (Including Tax).
RailTel Corporation Shares Performance
The 52-week high price of Railtel shares on BSE stood at Rs 618.00 per share (as on 12/07/2024) and 52-week low price is Rs 285.20 per share (as on 18/01/2025), respectively. Railtel shares slipped over 24% year-to-date (YTD), slipped over 38% in last 6-months, and declined more than 24% in last 1-year. In last 3-years, Railtel stock gained 222.21%.
RailTel Shares Declined 50.23% From 52-Week High
Railtel shares dived 50.23% from 52-week high price of Rs 618.00 per share, if today’s last trading price of Rs 307.55 is taken into perspective.
Shareholdings
FII/FPI hiked holdings from 3.05% to 3.34% in December 2024 quarter. Number of FII/FPI investors came down from 91 to 88 in December 2024 quarter. Mutual Funds hiked holdings from 0.09% to 0.10% in December 2024 quarter. Meanwhile, Institutional Investors increased holdings from 3.66% to 3.70% in December 2024 quarter, according to Trendlyne.
Railtel Financials
The company announced a decline in its December quarterly earnings. Railtel declared a fall of 10% in net profit QoQ to Rs 65 crore, down from Rs 73 crore declared in the September quarter. The company announced a surge of 4.7% in its net profit YoY to Rs 65 crore for the quarter ended December 31, 2024 as against Rs 62.1 crore declared in the similar quarter of last year. Revenue from operations soared 14.8% YoY to Rs 767.6 crore for the quarter ended December 31, 2024 as against Rs 668.4 crore in the similar quarter of last year.
Disclaimer: The story highlights new order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. MoneyDaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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