The shares of the telecom infrastructure providers gained up to 4 percent in today’s trading session after the company bagged a significant order from Zoram Electronics Development Corporation Ltd is worth Rs 43.99 crore.

With a market capitalization of Rs 14,071.54 crore, the shares of Railtel Corporation of India Ltd were trading at Rs 438.45 per share, increasing around 2.80 percent as compared to the previous closing price of Rs 426.50 apiece.

The shares of Railtel Corporation of India Ltd have seen positive movement after bagging a significant Letter of Intent from Zoram Electronics Development Corporation Ltd, worth Rs 43.99 crore for the Implementation of the Mizo Fibre Grid Network (MFGN) Project.

Looking forward to the company’s financial performance, revenue increased by 57 percent from Rs 833 crore in Q4FY24 to Rs 1,308 crore in Q4FY25. Further, during the same time frame, net profit increased by 45 percent from Rs 78 crore to Rs 113 crore.

Also read: Will Govt double the safeguard duty on steel to 24%? Here’s what you need to know

The company holds an order book of ₹6,616 crore, with approximately 61–62% from tenders and 38% via nominations. Key wins include a ₹85.03 crore data center order from a Defence PSU and a ₹88.28 crore network structuring project for Maharashtra State Power Generation Company, indicating a strong presence in infrastructure and defense sectors.

This year, the company secured significant orders, including the Kavach railway safety system, a ₹137 crore tunnel communication project for Northeast Frontier Railway, and a state-wide intelligent enforcement management system for Odisha’s transport authority. These orders highlight the company’s expanding role in critical railway and smart governance infrastructure across diverse Indian regions.

RailTel Corporation of India Limited is an India-based neutral telecom infrastructure provider, which owns a Pan-India optic fiber network on right of way (ROW) along a railway track. The company’s segments include Telecom Services and Project Work Services.

Written by Abhishek Singh

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

×