Introduction:
Leading railway infrastructure company has secured a ₹56.66 crore contract from South Central Railway for advanced signaling and telecommunication works, enhancing railway safety and efficiency in the Secunderabad-Vijayawada division, with project completion targeted by May 2026.
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Share price movement of RailTel:
On February 25, 2025, RailTel Corporation of India Ltd opened at ₹307.50, slightly down from its previous close of ₹308.45. The stock hit a high of ₹311.25 and a low of ₹301.65. By 4:00 PM, it traded at ₹307.55, down 0.29%, with a market cap of ₹9,870.46 crore.
RailTel Secures ₹56.66 Crore Order from South Central Railway:
RailTel Corporation of India Ltd., along with its consortium, has received a ₹56.66 crore work order from South Central Railway. The contract involves comprehensive signaling and telecommunication works for the automatic block signaling system in the Secunderabad-Vijayawada division.
The order, awarded on February 24, 2025, is set for completion by May 13, 2026. The project aims to enhance railway safety and operational efficiency. This contract further strengthens RailTel’s position as a key player in railway infrastructure and digital transformation.
With no promoter group interest in the awarding entity, this domestic order aligns with RailTel’s growth strategy. The company continues to secure significant railway projects, reinforcing its expertise in advanced signaling solutions while contributing to the modernization of India’s railway network.
Recent news on RailTel:
As of February 24, 2025, RailTel Corporation of India Ltd secured a ₹288.14 crore work order from East Central Railway to implement Kavach, an advanced train collision avoidance system, across 502.2 RKm, with completion targeted by February 2027.
Stock performance of RailTel for Period of 1 week, 6 months and 1 year:
RailTel Corporation of India Ltd has experienced a decline in stock performance, with a 2.19% drop over the past week, a 37.4% fall in six months, and a 34.6% decrease over the last year, reflecting market challenges.
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Shareholding pattern of RailTel:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 72.80% | 72.80% | 72.80% |
FII | 3.30% | 3.10% | 2.20% |
DII | 0.40% | 0.60% | 2.90% |
Public | 23.50% | 23.50% | 22.10% |
About RailTel:
RailTel Corporation of India Ltd (NSE: RAILTEL), a Navratna PSU, was incorporated in 2000 to enhance Indian Railways’ telecom and safety systems. Its extensive network spans 6,000 stations, offering broadband, VPN, and multimedia services across major commercial centers.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.