Rs 6,616 Crore Order Book: Navratna PSU bags order worth Rs 25,12,94,570 from Office Of The Inspector General of Police
The stock is up 48 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of over 300 per cent in 3 years.
On Monday, shares of RailTel Corporation of India Ltd (RCIL) surged 2.05 per cent to Rs 393.20 per share from its previous closing of Rs 385.30 per share. The stock’s 52-week high is Rs 618 per share and its 52-week low of Rs 265.30 per share.
RailTel Corporation of India Ltd. has secured a domestic contract from the Office of the Inspector General of Police (Technical Services) for the Andhra Pradesh Police Department. This significant order, valued at Rs. 25,12,94,570 (including tax), involves the supply, installation, and maintenance of an integrated security solution for edge devices. The contract is subject to arrears billing and is slated for execution by June 25, 2025.
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About the Company
Established in 2000, RailTel Corporation of India Ltd (RCIL) is a "Navratna" public sector enterprise under the Indian government, offering diverse telecom services including broadband, VPN, and data centres. With its extensive network spanning over 6,000 stations and 61,000+ km of fibre optic cables, RailTel reaches 70 per cent of India's population. This achievement has led to the prestigious "Navratna" status conferred by the Department of Public Enterprises, Ministry of Finance. This recognition underscores RailTel's substantial contributions to the Indian economy and its position as a leading force in telecommunications and information technology. The "Navratna" status empowers RailTel with greater autonomy, financial flexibility, and the capacity for larger investments, propelling it towards innovation and sustained growth.
The company has a market cap of over Rs 12,000 crore. As of March 31, 2025, the company’s order book stands at Rs 6,616 crore. The stock is up 48 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of over 300 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.