Share price of Techno Electric & Engineering scaled up to Rs 1700.70, surging 4.84 per cent per share on the BSE in Monday's intraday trade
SJVN, NHPC and RailTel shares climb after government grants 'Navratna' status
RailTel order book at the end of the June quarter stood at Rs 4,682 crore
The uptick in the stock price came after the company announced that it has secured an order from the Ministry of Railways (Railway Board).
In the past one month, the stock of telecom service provider for Indian Railways has rallied 47 per cent after winning multiple orders worth Rs 161 crore.
The Indian Railways' fast-track approach and the government's push for Atmanirbhar Bharat have catalysed to chart new frontiers
Shares of RailTel Corporation of India soared 9.2 per cent at Rs 474 per share on the BSE in Friday's early morning deals
Shares of RailTel Corporation of India surged by 8.8 per cent at Rs 418.50 per share on the BSE in Tuesday's intraday trade. The stock extended its rally from the previous day
Stocks to Watch on Monday, June 10: RVNL's joint venture with KRDCL has emerged as the lowest bidder for a project worth Rs 156 crore
Shares of Indian railways related firms have gained up to 8% in the last two days on back of order wins, and sentiment booster from Indian minister talk.
Railway PSU RailTel Corporation of India on Thursday reported a 3 per cent rise in profit after tax to Rs 77.53 crore for the January-March quarter of 2023-24 compared to Rs 75.24 crore in the same period of the previous year. The Mini Ratna company under the Railway Ministry reported a total income of Rs 852 crore for the last quarter of 2023-24 against Rs 707.29 crore in the year-ago period, according to an exchange filing. Sanjai Kumar, Chairman and Managing Director of RailTel, said, Operationally the company has been performing consistently with an impressive growth of 25% on QoQ basis in its operating revenue. For Financial year 2023-24 also the growth in Revenue and PAT has been quite encouraging at 31%. With healthy order book, the company has visibility of substantial growth in operating income in coming quarters, Kumar added. For the year ended on March 31, 2024, the company achieved a total income of Rs 2,622 crore and a total PAT of Rs 246 crore, registering a growth of
The railways on Wednesday inked an agreement with a tech firm for "exploring and delivering" train collision avoidance system KAVACH implementation projects in India as well as other countries, according to a statement. The Memorandum of Understanding (MoU) for this purpose was signed between RailTel Corporation of India Limited and Quadrant Future Tek Limited. In the statement, RailTel said the agreement with the tech firm is for "exploring and delivering KAVACH (train collision avoidance system) implementation projects in India as well as other countries". "The MoU lays out a framework for Quadrant to partner exclusively with RailTel on delivering the specific targeted opportunity related to KAVACH," it said. KAVACH is an indigenously developed automatic train protection (ATP) system of the Indian Railways. It is a highly technology intensive system that requires safety certification of the highest order, the statement said. The Indian Railways is also marketing the system in oth
Indian Railway Finance Corporation (IRFC), and Engineering, IRCON International, RailTel Corporation of India, RITES, Rail Vikas Nigam (RNVL) and Titagarh Rail Systems have rallied 8 to 15
Shares of RailTel zoomed nearly 16 per cent in intra-day deals on Tuesday and have gained over 43 per cent so far this calendar year.
RVNL, IRFC, IRCON International, NBCC, RailTel Corporation of India and Texmaco Rail & Engineering were up in the range of 5% to 18%.
RailTel, YES Bank, Vodafone Idea, and BHEL rose 2-6%
Railtel, YES Bank, Vodafone Idea, and BHEL rose 2-6 per cent
In past two months, the stock has zoomed 68 per cent, while, in past six months it skyrocketed by 182 per cent.
Stocks to watch on Friday, December 29, 2023: Tata Consumer, Tata Coffee fixes merger date; Innova Captab to debut; PNB board okays Rs 7,500 crore fund raise and more such stocks in the news today.
Stocks to watch on December 22, 2023: The BSE and NSE have approved the cancellation of 'A' ordinary shares (DVR) of Tata Motors