Railtel Corporation of India Ltd (RAILTEL)

RailTel Stock Jumps Over 10%, Emerges as Outperformer Among Railway PSUs - 14 May, 2024

Shares of RailTel Corporation of India Ltd jumped over 10% to hit an intraday high of Rs 393.55 apiece on NSE. The stock has emerged as the outperformer among railway PSUs, having gained 9% on Tuesday and up 221% in the last one year.

RailTel Receives Work Order for Video Surveillance Systems - 13 May, 2024

RailTel Corporation of India has received a work order from Central Warehousing Corporation to supply and install modern video surveillance systems across India for Rs. 51.53 crore. Additionally, RailTel's standalone revenue grew by 24.6% in Q4 FY23-24, with net profit rising by 24.8%.

RailTel Stock Gains 225% from 52-Week Low - 08 May, 2024

Shares of RailTel Corporation of India have gained 225% from their 52-week low, rising to Rs 374.50 in trade today. However, the stock is down 24% from its record high of Rs 491.15 touched on February 28, 2024. In Q4, profit after tax rose 3% YoY to Rs 77.53 crore and total income climbed to Rs 852 crore.

Railtel Corporation of India Expects Over 30% Revenue Growth in FY25 - 06 May, 2024

Railtel Corporation of India expects to continue with over 30% revenue growth in FY25, with an EBITDA margin of 18%. The company has a Rs 4,700-crore order book and expects around Rs 4,000 crore new orders to be delivered in the next four to five years. Railtel is hopeful of getting at least one LTE tender order worth roughly Rs 800-900 crores. In the Kavach segment, it expects overall orders of roughly Rs 3,000-4,000 crore over the next four to five years.

RailTel Reports Strong Financial Results for FY24 and Q4 FY24 - 03 May, 2024

RailTel Corporation of India reported strong financial results for both Q4 FY24 and FY24, with significant growth in total income and net profit. The company expressed optimism about future prospects due to a healthy order book and expected continued growth in operating income. Analysts forecast a 15% p.a. revenue growth rate for the next two years.

RailTel Signs MoU for Train Collision Avoidance System Implementation - 01 May, 2024

RailTel Corporation of India has signed an MoU with Quadrant Future Tek Limited to explore and deliver train collision avoidance system KAVACH implementation projects in India and abroad.

RailTel signs MoU with InoviTel and Tsiko Africa Energy & Infrastructure - 26 Apr, 2024

RailTel Corporation of India has signed a tripartite MoU with InoviTel and Tsiko Africa Energy & Infrastructure to bring Indian technology, innovation, and products to South Africa and explore opportunities in Telecom, Railways, and other IT/ICT businesses.

RailTel Signs MOU for Strategic Collaborations in South Africa - 25 Apr, 2024

RailTel Corporation of India has signed a tripartite Memorandum of Understanding with InoviTel (PTY) LTD and Tsiko Africa Energy & Infrastructure to explore opportunities in telecom, railways, and other IT/ICT businesses in South Africa. The scope covers activation and commercialization of dark fiber along railway lines and high voltage transmission lines, Railway Signal & Telecommunication solutions, Digital twin Modeling of Railway assets for predictive maintenance and Traffic simulation, OFC based Distributed Acoustic System(DAS), etc.