Latest news with #RailTel
Business Standard
2 days ago
- Business
- Business Standard
RailTel Corp picks techno electric as managed service partner for Noida data centre
RailTel Corporation of India said that that it has selected Techno Electric & Engineering Co (TECL) as its managed service data centre partner through an open tender process. Under the partnership, a 10MW data centre will be developed in phases on RailTels land in Noida, based on a revenue-sharing model. A letter of intent (LOI) has been issued to Techno Electric in this regard. The duration of the contract is 30 years, including the implementation period, and may be further extended with mutual consent between RailTel and Techno Electric. As this is a revenue-generating contract, RailTel will receive a fixed percentage of revenue shares. The exact quantum of earnings cannot be determined at this stage. The firm stated that no, the promoter, promoter group, or group companies have no interest in the entity to whom the contract has been awarded. RailTel Corporation of India, a 'Navratna' central public sector enterprise, is one of the largest neutral telecom infrastructure providers in the country, owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country. The companys standalone net profit jumped 46.33% to Rs 113.45 crore in Q4 FY25 as compared with Rs 73.53 crore in Q4 FY24. Shares of RailTel Corporation of India shed 0.35% to Rs 397.10 on the BSE.
Business Upturn
3 days ago
- Business
- Business Upturn
RailTel partners with Techno Electric to set ip 10MW Data Centre in Noida
By Aman Shukla Published on June 1, 2025, 15:34 IST RailTel Corporation of India Ltd. has announced the selection of M/s Techno Electric & Engineering Co. Ltd. (TECL) as its Managed Service Data Centre Partner. This strategic partnership, finalized through an open tender process, involves the development of a 10MW Data Centre in phases on RailTel's land located in Noida. A Letter of Intent (LOI) has already been issued to TECL, marking the commencement of this long-term collaboration. Under the terms of the LOI, TECL will develop the Data Centre in phases on land provided by RailTel in Noida. RailTel will receive a share of the revenue generated from the operations of the Data Centre, calculated on a fixed percentage basis. The duration of the agreement is 30 years, including the implementation phase, with the possibility of extension through mutual consent. As the agreement is structured around future earnings, the financial value of the contract cannot be precisely quantified at this stage. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Mint
14-05-2025
- Business
- Mint
Breakout stock: RailTel share price jumps 8% amid heavy volumes. Should you buy the railway PSU stock?
RailTel share price jumped over 8% on Wednesday driven by robust trading volumes and a technical breakout, with analysts forecasting further upside for the railway PSU stock. RailTel Corporation of India share price rallied as much as 8.77% to ₹ 354.40 apiece on the BSE. Trading activity was significantly higher than usual, with approximately 1 crore RailTel shares changing hands on May 14 — well above the one-week average volume of 31 lakh shares. Brokerage firm Anand Rathi has maintained RailTel as its 'Pick of the Month', highlighting that railway stocks are beginning to gain traction after a prolonged period of underperformance. The firm noted that RailTel has given a technical breakout on the daily chart, suggesting renewed bullish momentum. RailTel Corporation of India share price has confirmed a range breakout from the falling trend line above ₹ 340 mark. 'We are also witnessing a breakout in daily RSI above 60 level which indicates fresh momentum. Based on the above signals, a buy is advised in the ₹ 344 - 336 zone with a target of ₹ 390 and stop loss at ₹ 315,' Anand Rathi said in a note. RailTel share price target of ₹ 390 apiece implies an upside potential of nearly 20% from Tuesday's closing price. RailTel share price has gained 20% over the past month, reflecting renewed investor interest. However, on a year-to-date (YTD) basis, the PSU stock is down 14%, and it has declined 10% over the past one year. Despite this short-term underperformance, the railway PSU stock has delivered multibagger returns, rallying 186% in the last two years and 265% over a three-year period. At 2:45 PM, RailTel share price was trading 8.67% higher at ₹ 354.05 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
05-05-2025
- Business
- Mint
RailTel share price rises 4%: gains 10% in two days; Do you own this railway stock?
Stock Market today: RailTel share price gained up to 4% in the morning trades. this translated into more than 10% gains for the RailTel share price in the past two days; Do you own the railway stock? The gains for RailTel share price are Being helped by good Q4 performance and recent announcement on order win On Friday 2 March 2025 but post market hours RailTel Corporation of India announced having won a large order RailTel Corporation of India Ltd on Friday post market hours had announced about a project order win from North Central Railway. RailTel in its intimation to the exchanges had said that RailTel Corporation of India Ltd. has received the work order from North Central Railway for a Project. The work order for project is amounting to Rs. 22,75,08,801 (Including Tax) for RailTel Corporations. The same has been adding to the investor confidence, leading to the gains for RailTel share prices. The Time period or date by which order(s)/contract(s) is to be executed specified by RalTel in its release stands at 30-APR-26. It is a domestic order RailTel a few days back also had announced another order win. The Railway Stock Railtel Corporation had said that it has received the work order from The Institute Of Road Transport. The RailTel Corporation of India Ltd. specified that the work order amounts to Rs. 90,08,49,783 (Including Tax) The RailTel Corporation of India Ltd. work order received from North Central Railway was for Design, Development, Supply, Implementation, Operations and Maintenance of the Enterprise Resource planning system(ERP) for MTC Ltd. Chennai, TNSTC-Coimbatore and TNSTC Madurai. On Thursday, May 1, RailTel Corporation of India had announced its January-March quarter results for fiscal 2024-25 (Q4FY25), showing a 46.3 percent increase in net profit to ₹ 113.4 crore, up from ₹ ₹ 77.53 crore during the same time the previous year. Operating revenue for the Navratna Public Sector Undertaking (PSU) increased 57% to ₹ 1,308.28 crore in the fourth quarter of FY25 from ₹ 832.7 crore in the same period last year. Railway Stock RailTel share price on Monday 5 May 2025 gained to intrady highs of ₹ 318. This meant that Railway Stock RailTel share price has gained almost 4% over the previous day closing price of ₹ 315.80. This also meant gains of more than 10% over closing price of ₹ 296.25 on Wednesday, with Thursday being the market holiday. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions First Published: 5 May 2025, 12:40 PM IST
Mint
03-05-2025
- Business
- Mint
IOC vs Vedanta vs RailTel: Which dividend stock to buy after Q4 results 2025?
IOC vs Vedanta vs RailTel: After the announcement of Q4 results 2025, stock market investors are scanning the listed companies' balance sheets to find value picks for their portfolio. However, savvy investors do not just look at the potential for stock appreciation; they also look at the corporate history of the company and their record of rewarding their shareholders. For such investors, looking at dividend stocks can be a good option as interim or final dividends get credited into the bank account of eligible shareholders without any change in shareholding. As the Indian Oil Corporation Ltd (IOCL), Vedanta, and RailTel Corporation of India have a good dividend-paying history and their Q4 results are also in the public domain, some investors may look at these dividend stocks to buy when the NSE and BSE resume trade activity on Monday. Advising investors to look at fundamentally strong dividend stocks instead of just a stock with strong fundamentals, Gaurav Goel, Founder & Director at Fynocrat Technologies, said, "When investing in stocks, the core objective should go beyond merely earning dividends to include capital appreciation over the medium to long term. This approach supports long-term wealth creation while benefiting from regular dividend income." Comparing these three dividend stocks' Q4 results in 2025, Gaurav Goel said, "All three companies, Railtel, Vedanta, and IOCL, have posted good Q4 results. RailTel reported a 46.33% year-on-year increase in standalone net profit, reaching ₹ 113.4 crore in Q4 FY25, up from ₹ 73.53 crore in Q4 FY24. Indian Oil Corporation reported a 58% jump in consolidated net profit at ₹ 8,123.64 crore for Q4 FY25, compared to ₹ 5,148.87 crore reported during the same period last year. Mining giant Vedanta posted a 154% YoY jump in consolidated net profit to ₹ 3,483 crore for the fourth quarter, while revenue from operations rose 14% YoY to ₹ 40,455 crore." "Among the three stocks, RailTel appears well-positioned for potential price appreciation over the medium to long term, considering its recent quarterly performance and current market valuation. The stock is currently trading at approximately 50% below its 52-week high, which provides a good margin of safety amid market volatility," said Goel, adding, "In addition to RailTel, Vedanta also stands out from both a capital appreciation and dividend perspective. The company has a consistent track record of generous dividend payouts, with a current dividend yield exceeding 10%. Fundamentally, both RailTel and Vedanta demonstrate strong financials." Comparing the technical chart pattern of three dividend stocks, Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, said, "From a technical standpoint, Vedanta currently appears more attractive compared to RailTel and IOC shares. Vedanta shares have formed a bullish "Three White Soldiers" pattern on the daily chart, indicating continued upward momentum. Additionally, the stock has made a Bollinger Band breakout, suggesting increased volatility and a potential trend continuation. The stock is targeting the ₹ 450 to ₹ 460 range in the short term. With a current price near ₹ 415, Vedanta share offers a favourable risk-reward ratio, especially when paired with a stop loss at ₹ 375." The Anand Rathi expert said that RailTel share price has remained range-bound between ₹ 280 and ₹ 330 since March. The stock is consolidating, and a breakout on either side will likely determine its future trend. Until such a move occurs, RailTel lacks a strong technical signal for entry. "IOC share price has already achieved its recent upward target of ₹ 140. While it's a solid dividend-paying stock, it shows limited immediate upside potential from a technical perspective," Dongre said. According to the information on the BSE website, Vedanta shares traded ex-dividend on four different occasions in 2024, paying ₹ 43.50 per share dividend ( ₹ 11 + ₹ 4 + ₹ 20 + ₹ 8.50). IOC share price traded ex-dividend once in 2024, paying ₹ 7 per share final dividend to its eligible shareholders. Likewise, RailTel's share price was traded ex-dividend twice in 2024, paying ₹ 2.85 per share dividend ( ₹ 1.85 + Re 1) to its eligible shareholders. In Q4 results 2025, the RailTel and Vedanta boards didn't announce any dividend for shareholders, but the IOC board declared a ₹ 3 per share final dividend for the financial year 2024-25. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary. First Published: 3 May 2025, 11:20 AM IST
