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Railtel Wins Major Order From IRCON, Shares Set To Trade Ex-Dividend On April 2

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Navratna public sector undertaking (PSU) RailTel Corporation of India share price will remain in focus on Tuesday as the company informed of receiving major order from Ircon International Limited worth Rs 1,62,58,96,785 (Including Tax). RailTel share price on Bombay Stock Exchange (BSE) stood at Rs 302.70 per share with intraday fall of 1.70%. The Navratna railway PSU has a market capitalisation of Rs 9,714.81 crore. Return on Equity (ROE) of RailTel shares stood at 13.98%.

The stock plunged 2.28% in last 1-week and gained 212.22% in last 2-years When Sensex jumped 0.66% and 34.37%, respectively. Meanwhile, FII/FPI increased holdings from 3.05% to 3.34% for December 2024 quarter. Check key details below:

Railtel Wins Major Order From IRCON, Shares Set To Trade Ex-Dividend On April 2

RailTel To Remain In Spotlight On Tuesday After Major Order From IRCON

According to the BSE filing of the PSU dated March 29, 2025, โ€œPursuant 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 Ircon International Limited for Works amounting to Rs. 1,62,58,96,785 (Including Tax).โ€ The order required to be completed by March 28, 2026.

Earlier on March 23, 2025 RailTel Corporation of India Ltd received work order from Hindustan Petroleum Corporation Limited for amounting to Rs. 25,15,24,500/- (excluding Tax).โ€ The time period by which the order should be completed by March 31, 2030.

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 gained 7.65% in last 1-month, slipped 35.29% in past 6-months, and declined 16.77% in last 1-year. ย RailTel shares zoomed 243.98% In last 3-years.

RailTel Shares To Go Ex-Dividend

RailTel announced 2nd interim dividend of Re 1/- per share or 10% on March 12, 2025. It fixed April 2, 2025 as the record date.

How To Be Eligible For Railtel Interim Dividend?

Record date is significant in determining shareholders eligibility for dividend income. Shareholders whose names appear in firmโ€™s shareholders record on the record date will qualify for dividend. Record date is the date when the company prepares shareholdersโ€™ list for dividend. RailTel fixed record date as April 02, 2025.

Railtel Dividend History

Railtel declared 10 dividends since 2021. In last 1-year, the PSU announced an equity dividend amounting to Rs 2.85 per share.

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