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RailTel Corporation of India’s share price is expected to remain in focus on July 15 after the company secured a significant work order
RailTel Shares (Representative/Shutterstock)
RailTel Shares Price: RailTel Corporation of India’s share price is expected to remain in focus on July 15 after the company secured a significant order worth Rs 264.07 crore from the East Central Railway.
The contract involves implementing Kavach, an indigenous Train Collision Avoidance System, across 607 route kilometres (RKm) of low-density railway tracks. The project is scheduled to be completed by July 14, 2027.
This is the latest in a string of order wins for the PSU. Earlier this month, RailTel received a Rs 10.27 crore order from Indian Overseas Bank and another worth Rs 17.47 crore from the General Administration Department (GAD), Chhattisgarh. It also received a Letter of Intent (LOI) from Central Warehousing Corporation for a Rs 96.99 crore project.
On the technical front, the stock hit its 52-week high of Rs 607.85 on July 15, 2024, and a low of Rs 265.30 on March 3, 2025. Currently, it trades 32.6% below its 52-week high and 54.43% above its 52-week low.
RailTel’s market capitalisation stands at Rs 13,148.85 crore.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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