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RailTel to Announce Second Interim Dividend for FY25; Stock Edges Higher

Written by: Kusum KumariUpdated on: Mar 12, 2025, 2:27 PM IST
RailTel's board to decide on the second interim dividend for FY25 today. Stock rises amid order wins from Northern & East Central Railway worth ₹75.79 crore.
RailTel to Announce Second Interim Dividend for FY25; Stock Edges Higher
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

RailTel Corporation of India share price opened at ₹294.05 on Wednesday, slightly above the previous close of ₹293.05. The stock later rose to an intraday high of ₹298.50 but experienced some volatility due to overall market fluctuations.

Second Interim Dividend Announcement

On March 7, 2025, RailTel informed stock exchanges that its Board of Directors would meet on March 12, 2025, to decide on the second interim dividend for FY25. The board will also set the record date—the date on which shareholders must hold shares to be eligible for the dividend.

Important Note:

  • Investors need to buy RailTel shares at least 1 day before the record date to be eligible for the dividend.
  • This follows the T+1 settlement system, meaning shares bought today will be reflected in the buyer’s account the next day.

RailTel’s Recent Order Wins

RailTel has been receiving consistent work orders, supporting its stock performance:

  1. Northern Railway Order – RailTel secured a contract worth ₹28.29 crore for indoor and outdoor double-distance signalling work.
  2. East Central Railway Order – The company also won a contract worth ₹47.50 crore for additional railway-related work.

RailTel’s regular project wins and expected dividend declaration continue to keep the stock in focus for investors.

Conclusion

RailTel’s steady order flow and dividend announcements continue to drive investor interest. The upcoming dividend decision and project wins may further impact stock performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 12, 2025, 2:27 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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