{"id":116954,"date":"2024-01-09T11:09:21","date_gmt":"2024-01-09T05:39:21","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=116954"},"modified":"2024-01-09T11:50:52","modified_gmt":"2024-01-09T06:20:52","slug":"railway-stock-jumps-after-receiving-an-order-from-bihar-education-project-council-worth-39-88-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/railway-stock-jumps-after-receiving-an-order-from-bihar-education-project-council-worth-39-88-cr\/","title":{"rendered":"Railway stock jumps after receiving an order from Bihar Education Project Council worth \u20b9 39.88 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-47573464\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this neutral telecom infrastructure provider gained up to 2.3 percent after the company received an order for a supply of teaching-learning material for class IV to V worth Rs 39.88 crore.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-870269235\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 11,335.54 crore, the shares of RailTel Corporation of India Ltd were trading at Rs 353.90 per share, increasing around 1.97 percent as compared to the previous closing price of Rs 347.05 apiece.\u00a0<\/p><p>According to the company filing, RailTel Corporation of India Ltd received an order from the Bihar Education Project Council for a supply of teaching-learning material for classes IV to V worth Rs 39.88 crore.&nbsp;<\/p><p>Looking into Railtel Corporation of India Ltd&#8217;s performance, revenue climbed by 1.2 percent from Rs 429 Crore in Q2FY23 to Rs 599 Crore in Q2FY24. During the same duration, net profit climbed by 23 percent from Rs 55 crore to Rs 68 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4241902512\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>RailTel makes capital expenditures (capex) to purchase, maintain, and upgrade physical assets such as OFC, buildings, technology, and equipment. Capital expenditures of around 157.67 Cr are expected for FY 2023-2024.&nbsp;<\/p><p>RailTel plans to build a 30 MW data center in Noida through cooperation. This would be an investment opportunity of around Rs.1500 crore for the DC partner.&nbsp;<\/p><p>The firm has the potential to generate Rs.150 crore by hosting and implementing NIC&#8217;s e-office for Central and State government ministries and departments, serving around 2.5 lakh users across 80 plus customers.&nbsp;<\/p><p>RailTel is spreading its network to over a million communities within five kilometers of its point of presence. So far, about 16,000 villages have been connected.&nbsp;<\/p><p>The stock returned 181.53 percent in six months and 184.28 percent over a year. If an investor invests Rs 1 lakh in the firm, it will be worth Rs 2.84 lakh each year.&nbsp;<\/p><p>RailTel is engaged in creating nationwide broadband and VPN services, telecom, and multimedia networks, to modernize the train control operation and safety system of Indian Railways.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3542150799\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>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. Dailyraven Technologies 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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-170767137\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this neutral telecom infrastructure provider gained up to 2.3 percent after the company received an order for a supply of teaching-learning material for class IV to V worth Rs 39.88 crore.&nbsp; With a market capitalization of Rs 11,335.54 crore, the shares of RailTel Corporation of India Ltd were trading at Rs 353.90 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-116954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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