RailTel Corporation of India Ltd shares today will remain in the spotlight after the company bagged major order from East Central Railway on February 21, 2025 after market hours. Last trading price of the Navratna public sector undertaking (PSU) on Bombay Stock Exchange stood at Rs 305.30 per share with intraday fall of 2.68%. Meanwhile the company has a market capitalisation of Rs 9,798.25 crore. The scrip witnessed steep fall of 35.04% in last 6-months and rose 173.32% in last 2-years. Check details below:

RailTel Corporation Bags Major Order

According to the exchange filing of the company dated Feb 22, 2025, “pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that RailTel Corporation of India Ltd. (“the Company”) has received the work order from East Central Railway for Works amounting to Rs. 2,88,14,67,426 (Including Tax).” The significant terms and conditions of the order is “Provision of Kavach (indigenous Train Collision Avoidance System) on Low Density Railway Track in 502.2 RKm of East Central Railway.”

Railtel Bags Major Order, Shares Drop 50.6% From 52-Week High

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 23% in last 1-month, fell 18.94% in last 1-year, and zoomed 204.69% in last 2-years.

RailTel Shares Drop 50.6% From 52-Week High: Railtel shares slipped 50.6% from the 52-week high price of Rs 618.00 per share, if today’s last trading price is taken into consideration.

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.

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