{"id":131814,"date":"2024-08-23T11:40:05","date_gmt":"2024-08-23T06:10:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=131814"},"modified":"2024-08-23T11:40:09","modified_gmt":"2024-08-23T06:10:09","slug":"miniratna-stock-jumps-7-4-after-receiving-order-worth-52-66-cr-from-up-police-department","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/miniratna-stock-jumps-7-4-after-receiving-order-worth-52-66-cr-from-up-police-department\/","title":{"rendered":"Miniratna stock jumps 7.4% after receiving order worth \u20b9 52.66 Cr from UP Police department"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-344269130\"><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 the leading neutral infrastructure provider gained up to 7.4 percent after the company received a new work order from the Uttar Pradesh Police Recruitment and Promotion Board worth Rs 52.66 crore.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-109423245\"><!-- 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><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RAILTEL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">RailTel Corporation of India Ltd<\/a><\/strong> has a market capitalization of Rs 16,176.90 crore, the shares were trading at Rs 500.10 per share, increasing around 7 percent as compared to the previous closing price of Rs 470.80 apiece.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason for Rise:-&nbsp;<\/strong><\/h2><p>Today, the company shares have seen such a bullish movement after RailTel Corporation of India Ltd received a significant work order from the Uttar Pradesh Police Recruitment and Promotion Board for Live CCTV Surveillance Service, and Impersonation control through an Aadhaar-based biometric service, this order is valued at Rs 52.66 crore.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read\u00a0<\/strong><\/p>\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"BW5DRQOkoK\"><a href=\"https:\/\/tradebrains.in\/features\/tyre-stocks-which-reduced-their-debt-by-40-to-keep-an-eye-on\/\">Tyre stocks which reduced their debt by 40%\u00a0to keep an eye on<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Tyre stocks which reduced their debt by 40%\u00a0to keep an eye on&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/tyre-stocks-which-reduced-their-debt-by-40-to-keep-an-eye-on\/embed\/#?secret=7VA5yA8ggT#?secret=BW5DRQOkoK\" data-secret=\"BW5DRQOkoK\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Growth:-&nbsp;<\/strong><\/h2><p>Looking forward to the company\u2019s financial performance, revenue magnified by 19 percent from Rs 468 crore in Q1FY24 to Rs 558 crore in Q1FY25, however during the same time frame, net profit zoomed by 29 percent from Rs 38 crore to 49 crore.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-2412225846\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Order Book:-&nbsp;<\/strong><\/h2><p>As of June 2024, the company&#8217;s order book was Rs.4,682 crore. In FY25, future tenders from Indian railroads, state governments, and other sectors are likely to create an order inflow of Rs 4,000\u20135000 crore. The prospective KAVACH project orders, estimated to be between Rs 5,000 crore and Rs 7,000 crore, will increase the order book.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Expansion &amp; remarkable return:-&nbsp;<\/strong><\/h2><p>RailTel intends to expand its offering of services to encompass the complete range of Enterprise services, which will create further growth opportunities. It will expand capabilities in the e-office, CoD, RDN, VSS, Edge Data Center-centric services, and others.&nbsp;<\/p><p>The shares have given a return of 23.58 percent in six months and a multi-bagger return of 200 percent in a year. If an individual invested Rs 1 lakh a year ago, it would now be worth Rs 3.00 lakh.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Company profile:-&nbsp;<\/strong><\/h2><p>RailTel Corporation of India Limited is a neutral telecom infrastructure provider located in India that owns a Pan-India optical fiber network on a railway track&#8217;s right of way (ROW). Telecom Services and Project Work Services are two of the company&#8217;s business segments.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p>\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"pOmNozgRpK\"><a href=\"https:\/\/tradebrains.in\/features\/financially-strong-stock-to-buy-now-for-an-upside-of-45-do-you-own-it\/\">Financially strong stock to buy now for an upside of 45%; Do you own it?<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Financially strong stock to buy now for an upside of 45%; Do you own it?&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/financially-strong-stock-to-buy-now-for-an-upside-of-45-do-you-own-it\/embed\/#?secret=WPzBxGVq2l#?secret=pOmNozgRpK\" data-secret=\"pOmNozgRpK\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><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-2317801186\"><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 the leading neutral infrastructure provider gained up to 7.4 percent after the company received a new work order from the Uttar Pradesh Police Recruitment and Promotion Board worth Rs 52.66 crore.&nbsp; RailTel Corporation of India Ltd has a market capitalization of Rs 16,176.90 crore, the shares were trading at Rs 500.10 per [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"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":[31,1789],"tags":[5236,21825,14650,948,936,21826],"class_list":["post-131814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-miniratna-stock","tag-railtel-latest-news","tag-railtel-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-railtel-share-price-increasing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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