The shares of this Navratna PSU stock surged by approximately 3 percent on Monday after the company announced that it had secured two orders aggregating to Rs 260 crore (approx).
With a market capitalization of Rs 14,409 crores, the shares of Railtel Corporation of India Ltd are currently trading at Rs 449 per share, down by 27.34 percent from its 52-week high of Rs 618. In the last year, the stock has delivered a return of 16.65 percent.
Through a stock exchange filing, the company announced that it has secured a domestic contract worth Rs 243.11 crore from the State Project Director (SPD) Bihar Education Project Council (BEPC), for the supply of student kits for the students of Class 1 to Class 12 at the Govt. Schools in Bihar. The project has to be completed by 14 August 2025.
Another order received by the company is worth Rs 15.96 crores from the Department of Education, Samagra Shiksha. The scope of the work includes the supply of UPS and Printers to 5507 GPS across Himachal Pradesh. The project has to be completed by 06 June 2025.
Financial Highlights
The company reported a revenue of Rs 3,478 crores in FY25, up by 35.43 percent from its FY24 revenue of Rs 2,568 crores. Additionally, it reported a net profit growth of 22 percent to Rs 300 crores in FY25 from Rs 246 crores in FY24.
The stock delivered an ROE and ROCE of 16.46 percent and 21.78 percent respectively, and is currently trading at a P/E of 45.77x as compared to its industry average of 32.32x.
RailTel Corporation of India Ltd is a broadband, telecom, and IT services provider throughout India and internationally. Services include, but are not limited to, RailWire broadband, application servers, data centers, cloud server, VPN, cybersecurity, tower colocation, and Aadhaar services. It also provides execution of projects like station Wi-Fi, optical fiber networks, and video surveillance, for government, corporations, banks, and other institutions.
Written by Satyajeet Mukherjee
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