Introduction:
Leading Indian public sector enterprise has secured a major signaling work order from North Western Railway, valued at Rs. 46.79 crore. This contract, part of a tender process, is scheduled for completion by July 2026, strengthening the company’s railway sector presence.
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Share price movement of RailTel:
On January 22, 2025, RailTel Corporation of India Ltd. opened at ₹408.50, up 4.45% from its previous close of ₹401.35. The stock reached a high of ₹410.20 and a low of ₹383.35. By 12:22 PM, it traded at ₹383.50, a 4.45% decline, with a market cap of ₹12,320.83 crore.
RailTel Secures ₹46.79 Crore Signalling Order:
RailTel Corporation of India Ltd. (RailTel) has secured a significant work order from North Western Railway for signaling, valued at Rs. 46.79 crore, including tax. This development complies with SEBI regulations, informing the public of the major contract awarded.
The work order is for a domestic signaling project, with a completion deadline set for July 2026. The award is part of a tender process managed by the Dy.CSTE Construction Ajmer Division of North Western Railway, ensuring compliance with all stipulated conditions.
There is no indication of any related party transactions or promoter involvement in this deal, confirming that the order was awarded at arm’s length. The company is set to execute the project within the specified timeframe, reflecting its continued growth in the railway signaling sector.
Recent news on RailTel:
As of January 02, 2025, RailTel Corporation of India Ltd. gained attention after securing a ₹78.43 crore order from Bharat Coking Coal Limited for integrated IT-based security infrastructure services. The company’s market cap stands at ₹12,996 crore.
Stock performance of RailTel for Period of 1 week, 6 months and 1 year:
RailTel Corporation of India Ltd. has experienced a 6.50% return over the past week. However, the stock shows a 17.3% decline over the last six months, with a 3.62% increase over the past year.
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Shareholding pattern of RailTel:
| All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 73% | 73% | 73% |
| FII | 3.30% | 3.10% | 2.20% |
| DII | 0.40% | 0.60% | 2.90% |
| Public | 23.50% | 23.50% | 22% |
About RailTel:
RailTel Corporation of India Ltd. (NSE: RAILTEL) is a leading ICT provider and one of India’s largest telecom infrastructure companies, offering nationwide broadband and telecom services. It has executed key national projects and holds the Navratna status since August 2024.
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.
