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Railway stock jumps 10% after receiving order worth ₹25 Cr from HPCL

News by Aliceblue News Desk

24 Mar 2025

Railway stock jumps 10% after receiving order worth ₹25 Cr from HPCL

Introduction:

Leading railway technology provider has secured a ₹25.15 crore order from HPCL for MPLS/ILL services. The five-year contract includes renewing existing links and adding new connections, enhancing digital connectivity and strengthening its position in the communication infrastructure sector.

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Also Read: FMCG stocks in which FIIs increased their stake in Q3 to look out for

Share price movement of RailTel:

On March 24, 2025, RailTel Corporation of India Ltd opened at ₹320.00, up 3.30% from its previous close of ₹309.75. The stock reached a high of ₹339.50 (9.61%) and a low of ₹317.00. By 10:03 AM, it traded at ₹332.50, a 7.34% increase, with a market cap of ₹10,671.20 crore.

RailTel Secures ₹25 Crore Order from HPCL for MPLS/ILL Services:

RailTel Corporation of India Ltd. has received a significant ₹25.15 crore work order from Hindustan Petroleum Corporation Ltd. (HPCL). The contract, spanning five years, involves providing MPLS/ILL links, ensuring seamless connectivity for HPCL’s operations across various locations.

The rate contract, effective from April 1, 2025, to March 31, 2030, covers the renewal of existing MPLS/ILL links and the addition of new connections based on feasibility. This domestic order strengthens RailTel’s portfolio and reinforces its role in India’s digital infrastructure.

This latest order highlights RailTel’s expertise in providing secure and efficient communication solutions. The deal is expected to boost revenue and further solidify RailTel’s market position as a key technology partner for major public sector enterprises in India.

Recent news on RailTel:

As of February 28, 2025, RailTel Corporation of India Ltd secured a ₹1.11 billion contract from South Central Railway to upgrade signalling systems on the Nandalur-Renigunta Junction section, enhancing railway safety, efficiency, and operational capacity by August 2026.

Stock performance of RailTel for Period of 1 week, 6 months, and 1 year:

RailTel Corporation of India Ltd delivered a strong 12.4% gain over the past week but faced a 31.7% decline in six months and a 14.0% drop over the past year, reflecting short-term momentum amid long-term volatility.

Also Read: Infra stocks with high 3 yr RoE, RoCE of more than 35% to look out for

Shareholding pattern of RailTel:

ParticularsDec 2024Sep 2024Jun 2024
Promoter72.80%72.80%72.80%
FII3.30%3.10%2.20%
DII0.40%0.60%2.90%
Public23.50%23.50%22.10%
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About RailTel:

RailTel Corporation of India Ltd (NSE: RAILTEL), a Navratna PSU, was established in 2000 to enhance railway communication, broadband, and VPN services. Its network spans 6,000 stations, supporting modernization, safety, and efficient train operations across India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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