{"id":146482,"date":"2025-03-21T11:23:30","date_gmt":"2025-03-21T05:53:30","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=146482"},"modified":"2025-03-21T11:23:33","modified_gmt":"2025-03-21T05:53:33","slug":"psu-railway-stock-jumps-8-after-receiving-order-worth-17-cr-from-ministry-of-defence","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/psu-railway-stock-jumps-8-after-receiving-order-worth-17-cr-from-ministry-of-defence\/","title":{"rendered":"PSU Railway stock jumps 8% after receiving order worth \u20b917 Cr from Ministry of Defence"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1037162021\"><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>This Navratna PSU stock engaged in providing nationwide broadband, VPN services, telecom, and multimedia networks, modernizing Indian Railways&#8217; train control and safety systems, jumped 8 percent after securing an order worth Rs. 17 crore from the Ministry of Defence for Optical Fiber Cable (OFC) Laying Work.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-112442876\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Price Movement:<\/strong><\/h2><p>With a market capitalization of Rs. 10,184.98 crores, the share of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/VEDL\" target=\"_blank\" rel=\"noreferrer noopener\">Railtel Corporation of India Limited<\/a><\/strong> has reached an intraday high of Rs. 321.60 per equity share, rising nearly around 8.16 percent from its previous day\u2019s close price of Rs. 297.35. Since then, the stock has retreated and is currently trading at Rs. 317.35 per equity share.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened:<\/strong><\/h2><p>RailTel Corporation of India Ltd. has secured a major work order from the Ministry of Defence for Optical Fiber Cable (OFC) Laying Work worth Rs. 16.89 crore. The project is domestic and must be completed by March 17, 2026. This contract strengthens RailTel\u2019s role in enhancing communication infrastructure for defense operations.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Order Book:<\/strong><\/h2><p>As of January 2025, RailTel Corporation of India Limited had an order book worth Rs. 5,280 crore, reflecting a strong project pipeline. This ensures consistent revenue growth and reinforces the company&#8217;s position in the railway and telecom infrastructure sectors.<\/p><div class=\"trade-content_5\" id=\"trade-2620390112\"><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>Segment Analysis:<\/strong><\/h2><p>RailTel operates in two main areas: telecom and projects. In FY24, telecom made up 49 percent of its revenue, with national long-distance services contributing 23 percent, internet services 17 percent, and infrastructure services 9 percent. The projects segment contributed 50 percent of total revenue and is expected to grow further.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent quarter results:<\/strong><\/h2><p>RailTel Corporation of India Limited&#8217;s revenue increased by 14.97 percent, rising from Rs. 668 crore in Q3 FY24 to Rs. 768 crore in Q3 FY25. Net profit also grew by 4.83 percent, from Rs. 62 crore to Rs. 65 crore during the same period, highlighting the company&#8217;s strong financial performance and steady business growth.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Nikhil Naik<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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 <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-2448920520\"><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>This Navratna PSU stock engaged in providing nationwide broadband, VPN services, telecom, and multimedia networks, modernizing Indian Railways&#8217; train control and safety systems, jumped 8 percent after securing an order worth Rs. 17 crore from the Ministry of Defence for Optical Fiber Cable (OFC) Laying Work. Stock Price Movement: With a market capitalization of Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":114828,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[27590,21167,18403,12895,26633,12893,7411,948,936,3157],"class_list":["post-146482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-psu-railway","tag-railtel-corporation-of-india","tag-railtel-corporation-of-india-latest-news","tag-railtel-corporation-of-india-latest-orders","tag-railtel-corporation-of-india-ltd","tag-railtel-corporation-of-india-share-price","tag-railway-stock","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PSU Railway stock jumps 8% after receiving order worth \u20b917 Cr from Ministry of Defence - 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