Money Daily

Railtel Issues Update On New Order, Shares Gained 34.51% In 1-Month

Railtel Issues Update On New Order, Shares Gained 34.51% In 1-Month

Navratna PSU RailTel Corporation of India share price will remain in focus on Monday after the company issued update on its latest order. The PSU has selected M/s Techno Electric & Engineering Co. Ltd. (β€œTECL”) as Managed Service Data Centre Partner through open tender process on revenue sharing basis to setup 10MW Data Centre in phases on RailTel’s land in Noida. LOI has been issued in this regard. Meanwhile, RailTel shares gained 34.51% in last 30-days and offered returns of 41.71% in last 3-months. The company has a market capitalisation of Rs 12,789.40 crore with return on equity at 13.98%. FII/FPI’s holding came down from 3.34% to 3.33% for March 2025 quarter. Check key details below:

RailTel Corporation Gives Update On Work Order

The time period by which the order needs to be executed is 30-years and likely to get extended further with mutual consent between Railtel and TECL. Since this is a earning award, RailTel will receive revenue share on fixed %age basis. The quantum of earning cannot be determined at this stage, added the exchange filing.

Railtel Issues Update On New Order, Shares Gained 34.51% In 1-Month

RailTel Corporation Shares Performance

The 52-week high of RailTel shares price on BSE is at Rs 618.00 per share (as on 12/07/2024) and 52-week low price is Rs 265.30 per share (as on 03/03/2025), respectively. RailTel shares fell 2.86% in last 6-months, slipped 2.15% in last 1-year, and surged 237.57% in last 2-years. The stock offered impressive returns of 302.12% in last 3-years.

RailTel Corporation Q4 Results

The total income of the Navratna PSU stood at Rs 1328.68 crore for the quarter under consideration from Rs 851.80 crore reported in Q4FY24. Total expenses of RailTel for Q4FY25 announced at Rs 1189.43 crore from Rs 762.26 crore. Meanwhile, the earning per share (EPS) for Q4FY25 announced at Rs 3.53 from Rs 2.42 announced in Q4FY24.

RailTel Dividend In 2025

Earlier this year, RailTel announced 2nd interim dividend of Re 1/- per share or 10% on March 12, 2025. It set April 2, 2025 as the record date. Railtel declared 10 dividends since 2021. In last 1-year, the PSU announced an equity dividend amounting to Rs 3.85 per share. It maintains a dividend yield of 1.30%.

RailTel Corporation About

RailTel came into existence in September 26, 2000. It is engaged in the modernization of the existing telecom system for train control, operation, and safety and to generate additional revenues by creating nationwide broadband and multimedia network, laying optical fiber cable using the right of way along railway tracks, according to its official website.

Disclaimer: The story highlights order and should not be considered as investment advice by the Moneydaily.in or the Author.Β  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.

Recommended: Rs 70/Sh Dividend Soon: Eicher Motors Declares Sales Volume Of Subsidiary

Leave a Reply

Your email address will not be published. Required fields are marked *