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
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 tomorrow, along with their key corporate announcements, as per data available on the BSE
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
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
The capital expenditure (capex) allocation for the railway sector is expected to rise by 20 per cent in Budget 2025-26, according to reports
Under the work order, RaiTel has to provide the client with integrated information technology (IT) based security infrastructure along with various types Of services
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Key projects, including the PLI scheme for train parts, Gati Shakti inclusion, redevelopment of railway stations, and the multitracking project, are opening unparalleled possibilities for the sector
Both orders were received on 6 December 2024 and officially announced on 7 December 2024
The work order is for the operations and maintenance of the existing integrated command communication center of KSCCL, Kakinada
Shares of RailTel Corporation of India surged 6 per cent at Rs 420.75 a piece on the NSE