This Navratna PSU stock engaged in providing nationwide broadband telecom and multimedia network services, in focus after securing an order worth Rs. 22 crores from the High Court of J&K and Ladakh.
Stock Price Movement:
With a market capitalization of Rs. 10,136.84 crores, the share of Railtel Corporation of India Limited has reached an intraday high of Rs. 321.65 per equity share, rising nearly around 2.13 percent from its previous day’s close price of Rs. 314.95. Since then, the stock has retreated and is currently trading at Rs. 315.85 per equity share.
What Happened:
RailTel Corporation of India has secured a significant work order worth Rs. 22.44 crore from the High Court of J&K and Ladakh. The order involves SITC (supply, installation, testing, and commissioning) and O&M of DC Infra at the High Court in J&K.
This domestic project is expected to be completed by August 19, 2025. The work order was received on February 19, 2025. This achievement reinforces RailTel’s expertise in providing IT and telecom infrastructure solutions for government institutions, further strengthening its position in the industry.
Segment Analysis:
RailTel operates in two main segments, such as telecom and projects. In FY24, telecom contributed 49 percent of revenue, with national long-distance (23 percent), internet services (17 percent), and infrastructure services (9 percent). The project segment made up 50 percent of total revenue and is expected to grow.
Order Book:
As of January 2025, RailTel Corporation of India Limited’s order book stood at Rs. 5,280 crores, reflecting a strong pipeline of projects and ensuring stable revenue growth in the coming years.
Recent quarter results:
Railtel Corporation of India Limited’s revenue has increased from Rs. 668 crore in Q3 FY24 to Rs. 768 crore in Q3 FY25, which has grown by 14.97 percent. The net profit has also grown by 389.63 percent from Rs. 62 crore in Q3 FY24 to Rs. 65 crore in Q3 FY25.
Written By – Nikhil Naik
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