Rs 4,700 Crore Order Book: This President of India-backed Company Secures Order Worth Rs 20,22,05,784 from South Central Railway!

The company’s shares have delivered an impressive return of over 230 per cent in just 1 year.

RailTel Corporation of India, established in 2000, aims to build a nationwide broadband and VPN services network, enhancing telecom and multimedia services while modernizing Indian Railways' train control and safety systems. As a "Miniratna" public sector enterprise under the Government of India, RailTel operates a network spanning approximately 6,000 stations across the country, serving key commercial hubs.

Today, RailTel Corporation of India secured a significant work order from South Central Railway for telecommunications infrastructure. This project involves deploying IP-MPLS across 523 KMs in the Secunderabad division, with a total value of Rs 20,22,05,784 (including taxes). The order or contract is to be executed by June 18, 2025.

Furthermore, earlier this month the company bagged three orders worth over Rs 116 crore, and this recent order marks the fourth order of the month

Share Performance:

Today RailTel Corporation of India shares closed the day at Rs 434.40 per share. The company’s current market capitalization stands at Rs 13,941.56 crore. The stock has delivered a multibagger return of over 230 per cent in the past 1 year.

Financial performance:

According to the Quarterly Results, in Q4 FY24, RailTel Corporation of India reported a revenue of Rs 833 crore and an operating profit of Rs 117 crore. The operating profit margin for the quarter stands at 14 per cent. The company’s net profit stood at Rs 78 crore. In FY24, the company reported a revenue of Rs 2568 crore compared to Rs 1947 crore, and a net profit of Rs 246 crore, compared to a profit of Rs 187 crore in the previous year.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.