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.
The uptick in the RailTel Corporation share price came after the company announced that it has secured a Letter of Intent (LOI) worth ₹43.99 crore from Zoram Electronics Development Corporation Ltd.
PSU railway stocks trade at several times book value (net worth) and at very rich price-earnings (P/E) multiples, the Kotak report said
Railtel share price rose 3 per cent in trade after the company bagged two orders; here are more details
IRCON International, Texmaco Rail & Engineering and RailTel Corporation of India rallied between 9 per cent and 13 per cent on the BSE in Wednesday's intra-day trade amid heavy volume.
Technical outlook on railway-related stocks: Charts show that IRCTC, RailTel, Ircon, RVNL and RITES are testing 200-DMAs; a breakout can trigger fresh rally at these counters. Check key levels here
The surge was led by names like Titagarh Rail, RVNL, IRFC, and BEML. Titagarh Rail Systems emerged as the top gainer, jumping 10.72 per cent to close at ₹895.85, followed by RVNL, which climbed 10.45
RailTel's standalone net profit rose 46.33 per cent to ₹113.4 crore in Q4 FY25, compared to ₹73.53 crore in Q4 FY24
The rise in the RailTel share price came after the company announced that it has secured an order worth approximately Rs 163 crore from Ircon International
Here is the complete list of companies whose shares will trade ex-date next week, along with their key corporate announcements, as per data available on the BSE
Under the contract, Railtel will lay Optical Fiber Cable (OFC) for Ministry Of Defence. The order is worth around Rs 16.89 crore
Competition Commission has rejected a complaint of alleged unfair business practices filed against Navodaya Vidyalaya Samiti and RailTel Corporation in relation to the Prime Minister Schools for Rising India (PM SHRI) scheme. It was alleged that the two entities indulged in anti-competitive practices regarding a project for integrated infrastructure and IT solutions under the scheme. In an eight-page order, the Competition Commission of India (CCI) said there is no prima facie case of contravention of either Section 3 or Section 4 of the Competition Act and dismissed the complaint against the two entities. Section 3 and 4 pertain to anti-competitive agreements and abuse of dominant position, respectively. The Samithi runs Jawahar Navodaya Vidyalayas while RailTel is a state-owned telecom infrastructure provider. "The Commission in its various orders have opined that the procurer, which can also be considered a consumer of a tendering process, is at liberty to set its terms and ...
The uptick in the Railtel share price came after the company announced that it has secured an order worth Rs 288 crore from East Central Railway
Railway Ministry's public sector undertaking RailTel Corporation of India Ltd has been awarded the Kavach tender for 71 stations over a 502-km route under Danapur and Sonpur divisions of East Central Railway, a company's press statement said on Saturday. "This significant achievement underscores RailTel's commitment to enhancing railway safety and operational efficiency through cutting-edge technology. The Kavach tender, valued at approximately Rs 288 core, is one of RailTel's largest signalling projects. Implementing this system will enhance safety and improve the East Central Railway's overall operational efficiency," the statement added. The Kavach, an indigenous automatic train protection system, is designed to prevent train collisions by automatically applying brakes when loco pilots fail to do it. It is crucial for safe train operations as it can prevent red signal overshoots and train collisions. According to RailTel, this advanced technology will be implemented across the Ea
Jupiter Wagons, Titagarh Wagons, BEML, RITES, Rail Vikas Nigam, IRCON International, IRFC, Texmaco Rail, RateGain Travel and RailTel Corporation are up in the range of 3% to 7% in intraday trade.
The uptick in the RailTel share price came after the company announced that it has secured multiple orders of Rs 221 crore
RailTel Corporation of India share slipped 7.69 per cent at Rs 336.10 a piece on the BSE in Tuesday's intraday trade
Railway-related stocks such as IRCTC, RVNL, Texmaco, RailTel and Container Corp are testing support on the long-term charts; as long as these supports are respected a pullback rally seems possible.