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Why did RailTel share price rise 4% in trade today? Check details here
Why did RailTel share price rise 4% in trade today? Check details here

Business Standard

time15-07-2025

  • Business
  • Business Standard

Why did RailTel share price rise 4% in trade today? Check details here

Railtel Corporation share price: State-owned RailTel Corporation of India (RailTel) shares rose up to 3.85 per cent to hit an intraday high of ₹425.50 per share, on Tuesday, July 15, 2025. At 9:50 AM, RailTel share price was trading 2.44 per cent higher at ₹419.70 per share. In comparison, BSE Sensex was trading 0.08 per cent higher at 82,320.27 levels. Why did RailTel share price rise in trade today? The northward move in the RailTel Corporation share price came after the company announced that it has secured a work order from East Central Railway for works amounting to over ₹264 core. In an exchange filing, RailTel Corporation said, 'This is to inform you that RailTel Corporation of India Ltd. has received the work order from East Central Railway for Works amounting to ₹2,64,06,97,427 (including tax).' As per the order, RailTel will be responsible for implementing Kavach, the indigenous Train Collision Avoidance System, across 607 route kilometers (RKm) of low-density railway tracks in the East Central Railway zone. Meanwhile, the order needs to be completed by July 14, 2027, RailTel said in a statement. Track Stock Market LIVE Updates RailTel Q4 results RailTel posted a 46.3 per cent year-on-year (Y-o-Y) rise in standalone net profit to ₹113.4 crore for the fourth quarter of FY25, up from ₹73.53 crore in the same quarter last year. Its revenue from operations surged 57.1 per cent to ₹1,308.2 crore in the March quarter (Q4FY25). Profit before tax (PBT) also saw strong growth, rising 48.3 per cent to ₹151.1 crore in Q4FY25 from ₹101.9 crore in Q4FY24. For the full fiscal year FY25, RailTel's standalone net profit grew 21.7 per cent to ₹299.81 crore, while revenue from operations rose 35.4 per cent to ₹3,477.50 crore compared to the previous year. About RailTel RailTel Corporation of India, founded in 2000 as a public sector undertaking under the Ministry of Railways, plays a crucial role in modernising India's railway communication systems and providing broadband services across the country. The company's primary services include broadband connectivity to urban and rural areas, offering mission-critical communication solutions like video surveillance and e-office services, and providing Wi-Fi and on-demand content at major railway stations. It also focuses on network modernisation to improve train operations and administration, ensuring the smooth functioning of the railway system. Additionally, RailTel has been instrumental in various large-scale government projects such as Bharat Net, the National Knowledge Network, and optical fiber connectivity initiatives in the North East. RailTel was formed through the Railway Budget of 2000, with the goal of leveraging the existing telecom assets and the Right of Way (ROW) of Indian Railways to contribute to the National Telecom Policy of 1999.

RailTel Corporation up 4% on bagging ₹264-cr deal from East Central Railway
RailTel Corporation up 4% on bagging ₹264-cr deal from East Central Railway

Business Standard

time15-07-2025

  • Business
  • Business Standard

RailTel Corporation up 4% on bagging ₹264-cr deal from East Central Railway

Railtel Corporation share price: State-owned RailTel Corporation of India (RailTel) shares rose up to 3.85 per cent to hit an intraday high of ₹425.50 per share, on Tuesday, July 15, 2025. At 9:50 AM, RailTel share price was trading 2.44 per cent higher at ₹419.70 per share. In comparison, BSE Sensex was trading 0.08 per cent higher at 82,320.27 levels. Why did RailTel share price rise in trade today? The northward move in the RailTel Corporation share price came after the company announced that it has secured a work order from East Central Railway for works amounting to over ₹264 core. In an exchange filing, RailTel Corporation said, 'This is to inform you that RailTel Corporation of India Ltd. has received the work order from East Central Railway for Works amounting to ₹2,64,06,97,427 (including tax).' As per the order, RailTel will be responsible for implementing Kavach, the indigenous Train Collision Avoidance System, across 607 route kilometers (RKm) of low-density railway tracks in the East Central Railway zone. Meanwhile, the order needs to be completed by July 14, 2027, RailTel said in a statement. RailTel Q4 results RailTel posted a 46.3 per cent year-on-year (Y-o-Y) rise in standalone net profit to ₹113.4 crore for the fourth quarter of FY25, up from ₹73.53 crore in the same quarter last year. Its revenue from operations surged 57.1 per cent to ₹1,308.2 crore in the March quarter (Q4FY25). Profit before tax (PBT) also saw strong growth, rising 48.3 per cent to ₹151.1 crore in Q4FY25 from ₹101.9 crore in Q4FY24. For the full fiscal year FY25, RailTel's standalone net profit grew 21.7 per cent to ₹299.81 crore, while revenue from operations rose 35.4 per cent to ₹3,477.50 crore compared to the previous year. About RailTel RailTel Corporation of India, founded in 2000 as a public sector undertaking under the Ministry of Railways, plays a crucial role in modernising India's railway communication systems and providing broadband services across the country. The company's primary services include broadband connectivity to urban and rural areas, offering mission-critical communication solutions like video surveillance and e-office services, and providing Wi-Fi and on-demand content at major railway stations. It also focuses on network modernisation to improve train operations and administration, ensuring the smooth functioning of the railway system. Additionally, RailTel has been instrumental in various large-scale government projects such as Bharat Net, the National Knowledge Network, and optical fiber connectivity initiatives in the North East. RailTel was formed through the Railway Budget of 2000, with the goal of leveraging the existing telecom assets and the Right of Way (ROW) of Indian Railways to contribute to the National Telecom Policy of 1999.

RailTel Shares in Focus After Rs 264 Crore Order from East Central Railway
RailTel Shares in Focus After Rs 264 Crore Order from East Central Railway

News18

time15-07-2025

  • Business
  • News18

RailTel Shares in Focus After Rs 264 Crore Order from East Central Railway

RailTel Corporation of India's share price is expected to remain in focus on July 15 after the company secured a significant work order RailTel Shares Price: RailTel Corporation of India's share price is expected to remain in focus on July 15 after the company secured a significant order worth Rs 264.07 crore from the East Central Railway. The contract involves implementing Kavach, an indigenous Train Collision Avoidance System, across 607 route kilometres (RKm) of low-density railway tracks. The project is scheduled to be completed by July 14, 2027. This is the latest in a string of order wins for the PSU. Earlier this month, RailTel received a Rs 10.27 crore order from Indian Overseas Bank and another worth Rs 17.47 crore from the General Administration Department (GAD), Chhattisgarh. It also received a Letter of Intent (LOI) from Central Warehousing Corporation for a Rs 96.99 crore project. On the technical front, the stock hit its 52-week high of Rs 607.85 on July 15, 2024, and a low of Rs 265.30 on March 3, 2025. Currently, it trades 32.6% below its 52-week high and 54.43% above its 52-week low. RailTel's market capitalisation stands at Rs 13,148.85 crore. About the Author Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. First Published: July 15, 2025, 08:18 IST News business » markets RailTel Shares in Focus After Rs 264 Crore Order from East Central Railway

Patna-DDU rail stretch cleared for 130kmph ops
Patna-DDU rail stretch cleared for 130kmph ops

Time of India

time10-07-2025

  • Time of India

Patna-DDU rail stretch cleared for 130kmph ops

Patna: In a significant upgrade to railway infrastructure, a 208km stretch between Patna and Pt Deen Dayal Upadhyay (DDU) Junction has been approved for operations at speeds of up to 130 kmph. The improvement involves the busy Howrah-Patna-DDU-Delhi corridor, one of Indian Railways' heavily used routes. The speed clearance followed a night-time inspection and speed trial on Wednesday, led by East Central Railway (ECR) general manager Chhatrasal Singh. Singh rode in the locomotive cab of the Rajendra Nagar Terminal-New Delhi Tejas Rajdhani Express, accompanied by principal chief engineer Shailesh Verma and Danapur divisional railway manager (DRM) Jayant Kumar Choudhary. "The trial confirmed improved track and signal maintenance under night conditions, validating readiness for higher-speed trains," said ECR's chief public relations officer, Saraswati Chandra. He added that the Tejas Rajdhani reached DDU 13 minutes ahead of schedule and the GM expressed satisfaction with monsoon safety protocols. Meanwhile, the railways have submitted a survey report to the Railway Board for the proposed third and fourth lines along the same corridor. The survey, costing approximately Rs 7.8 crore, is aimed at decongesting the saturated route and improving the flow of both passenger and freight trains. "This upgrade will reduce travel time, improve punctuality and increase capacity," said DRM Choudhary. He added that the project forms part of 'Mission Raftaar', an initiative to boost average train speeds across India.

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