Railtel Corporation of India Share Price Live
RAILTEL
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About Railtel Corporation of India
History
RailTel Corporation of India Ltd. (RCIL) was established in September 2000. RailTel’s objective is to modernise the existing telecom system for train control, operation, and safety. It is also building a broadband and multimedia network across India by laying optical fibre cables (OFC) by leveraging the right of way along railway tracks. RailTel provides services such as secure and protected OFC Path, Network Engineered for SDH, Network enabled for IP, Edge & access layer by STM1/4, 24 strand single mode fibre armoured OFC, frame delay, ATM, Giganet Ethernet and seamless connectivity. In 2003, the company built the first high-speed, long-distance OFC network connecting three important points in the south, viz. Bangalore, Chennai and Hyderabad, followed by further OFC between Mumbai and Pune, as well as New Delhi and Jaipur. In 2005-06 it established the first STM-16 network in India, enabling a higher bandwidth network in the country. It became a Category-I Miniratna central public sector enterprise in 2012-13. In 2014-15, it established its own subsidiary RailTel Enterprises Ltd and in 2016-17, it started rolling out WiFi at railway stations with Google and by 2017-18 it had reached over 250 stations. The company went public in 2021. It presently covers over 90 important cities and has also commissioned the first cyber cafe on a railway platform in New Delhi.Business Segments
RCIL has a strategic relationship with Indian Railways as well as the Indian government for nationwide projects such as the National Knowledge Network and Bharat Net. It offers a diverse set of services, which include -- Communication services - RailTel offers high quality and secure multi-point managed video conferencing services that enable users a virtual, face-to-face meeting experience as a part of its e-office service.
- IP-based video surveillance systems at the stations in order to enhance the level of security.
- Data Centre Services via the data centres that RCIL owns, located at Secunderabad and Gurugram.
- Retail Broadband - RCIL offers broadband services at the retail level through its initiative, Rail Wire. This is related to its main objective of expanding the internet network in India.
Corporate Actions
There have been no bonus shares, rights issue, buybacks or stock split declared by the company.Management Outlook
RCIL views the Indian telecom industry to be segregated into wireless, wireline and enterprise services. As of December 2022, total broadband subscriptions stood at 832.2 million, and the total subscriber base stood at 1,170.38 million. It expects that by 2025, India will need around 22 million skilled workers in 5G-related technologies such as Internet of Things (IoT), Artificial Intelligence (AI), robotics and cloud computing. It also expects that 5G will be used in INDIA to enable DIGITAL India, SMART Cities & SMART Village missions for India. RCIL already has a massive reach across India, covering all the important and major cities, including small towns. It considers itself to be the only consistently profitable and dividend-paying company in the telecom space under the Govt of India. Therefore, with the spread and reach, the company is in a position to serve roughly 70% of the country’s population. This gives the company ample opportunity to scale up its services over time to meet the rising demand for telecommunication services in India in the coming years.Parent Organisation
Govt of India
Managing Director
Sanjai Kumar
Founded
2000
NSE Symbol
RAILTEL
Community Discussion
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AngelOne
10th Jun, 2024
Railtel Corporation Bagged Rs.81 Cr Order from NIC
RailTel Corporation of India, on June 8, 2024, intimates, securing a major order worth Rs. 81 Cr from the National Informatics Centre Services, through a stock filing.
RailTel Corporation of India, on June 8, 2024, announced that it had received a work order from the National Informatics Centre Services worth Rs. 81.45 Cr. The project encompasses 1. Supply, installation, configuration, commissioning & integration of ICT infrastructure. 2. Operation and Maintenance of the ICT infrastructure in compliance with the SLA. amounting to Rs. 81,45,64,548 (Including Tax). The project is meant to be completed by August 31, 2024.
RailTel Corporation of India
The RailTel Corp. of India is a public enterprise under the central government. It is one of the largest neutral telecom infrastructure providers, like broadband and VPN services, in the country. It owns a pan-India optic fiber network with a coverage of 70% of India’s population, in several urban and rural areas. Some of its notable projects include: 1. RailTel and Google collaborated to provide WiFi at various railway stations in India, and 2. Railwire- a nationwide fiber network to provide Internet, voice, video, and multimedia access on a single FTTH platform.
National Informatics Centre Services
NICSI is India’s leading IT company that aims to develop the nation by providing state-of-art and cost effective solutions for all its growing ICT needs. They provide such solutions through the purchase of products and services by high-quality vendors. In the last 27 years, it has executed more than 25,000 projects in India and has a turnover of more than Rs. 1477 crores (FY22).
Impact on Financials:
In the previous quarter, RailTel had bagged a work order from the Municipal Corp. of Mumbai, worth Rs.352 Cr in March 2024. The company has reported a 3.04% YoY increase in net profit for Q4FY24 because of a rise in revenue from operations by 19.39%. Its shares previously closed at Rs.378.70 on Friday. However, after the June 8 stock market filing, today, its share opened at Rs. 390.
Conclusion
With the massive order of Rs. 81 Cr from NICSI, RailTel takes one step forward to fulfill its vision to become the preferred telecom solutions and services provider for the knowledge economy.
Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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AngelOne
21th Mar, 2024
Railtel Corp Secures Order Worth Rs 99 Crore: Stock Rallies Over 2% in Morning Trade!
The company’s shares have delivered an impressive multibagger return of around 250% in the past year.
Today, shares of RailTel Corporation of India Limited surged by over 2.10%, with the company’s current market capitalisation standing at Rs 11,468.73 crore.
Recent Development:
Railtel Corporation of India has secured a significant work order from the State Project Director (SPD) of the Bihar Education Project Council (BEPC). The work order is valued at Rs 99.01 crore and involves the empanelment of an agency for the supply of student kits (teaching learning material) for students in Class VI to XII under a rate contract.
The contract is expected to be completed by June 13, 2024, marking a significant step in Railtel’s contribution to the education sector.
This initiative underscores the company’s commitment to supporting educational endeavors and providing essential learning resources to students across various levels.
About the Company:
RailTel, designated as a “Mini Ratna (Category-I)” Central Public Sector Enterprise, is a leading provider of information and communication technology (ICT) services in India. It operates as one of the country’s largest neutral telecom infrastructure providers, boasting an extensive optic fibre network spanning urban and rural areas.
Established on September 26, 2000, RailTel’s primary objective was to modernize the telecom infrastructure, particularly focusing on improving train control, operation, and safety systems. Concurrently, it aimed to create additional revenue opportunities by establishing a nationwide broadband and multimedia network, strategically laying optical fibre cables along railway tracks to leverage existing right of way.
Business Development:
The segment breakdown reveals a nearly equal distribution between Financial Services at 50.8% and Telecom at 49.2%. It’s noteworthy that the company operates solely within India, representing 100% of its operations.
Furthermore, the stock has experienced significant buying activity, yielding multibagger returns of around 250% in the last one year.
Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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AngelOne
18th Mar, 2024
RailTel’s triumph continues: Bags Rs 352 crore order from Mumbai Municipal Corporation
The stock has witnessed significant buying activity, yielding multibagger returns of more than 243% in the last one year.
Today, RailTel Limited witnessed a remarkable surge of over 0.91%, with its current market capitalization reaching Rs 11,358.01 crore.
Recent Developments:
RailTel clinched a substantial order worth Rs 352 crore from the Municipal Corporation of Greater Mumbai. This significant contract involves supplying, installing, testing, commissioning, and maintaining HMIS for the Health Department of BMC.
In addition to this notable achievement, RailTel received another significant work order worth Rs 130 crore from the Bihar Education Project Council (BEPC) for the supply of teaching-learning materials for Class I to V under a rate contract. Moreover, on March 14th, the company secured a significant work order valued at Rs 113.46 crore from the Odisha Computer Application Centre (OCAC) to establish IP-MPLS network connectivity in Odisha under OdishaNet Phase 1.0.
These major developments underscore the company’s strong future prospects.
About the Company:
RailTel, designated as a “Mini Ratna (Category-I)” Central Public Sector Enterprise, is a leading provider of information and communication technology (ICT) services in India. It operates as one of the country’s largest neutral telecom infrastructure providers, boasting an extensive optic fibre network spanning urban and rural areas.
Established on September 26, 2000, RailTel’s primary objective was to modernize the telecom infrastructure, particularly focusing on improving train control, operation, and safety systems. Concurrently, it aimed to create additional revenue opportunities by establishing a nationwide broadband and multimedia network, and strategically laying optical fibre cables along railway tracks to leverage existing right of way.
Business Developments:
The segment breakdown reveals a nearly equal distribution between Financial Services at 50.8% and Telecom at 49.2%. It’s noteworthy that the company operates solely within India, representing 100% of its operations.
Furthermore, the stock has experienced significant buying activity, yielding multibagger returns of more than 243% in the last one year.
Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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Railtel Corporation Of India Ltd FAQs
What is the share price of Railtel Corporation Of India Ltd (RAILTEL) shares?
Railtel Corporation Of India Ltd (RAILTEL) share price as of August 16, 2024, on NSE is Rs 476.9 (NSE) and Rs 476.9 (BSE) on BSE.
Can I buy Railtel Corporation Of India Ltd (RAILTEL) from Angel One?
Yes, You can buy Railtel Corporation Of India Ltd (RAILTEL) shares by opening a Demat account with Angel One.
How do I buy Railtel Corporation Of India Ltd (RAILTEL) from Angel One?
Railtel Corporation Of India Ltd (RAILTEL) share can be bought through the following modes:
1. Direct investment: You can buy Railtel Corporation Of India Ltd (RAILTEL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Railtel Corporation Of India Ltd (RAILTEL) shares.
1. Direct investment: You can buy Railtel Corporation Of India Ltd (RAILTEL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Railtel Corporation Of India Ltd (RAILTEL) shares.
What is the main business of Railtel Corporation Of India ?
RailTel was established with the aim of establishing a comprehensive broadband and VPN service, as well as a telecommunications and multimedia network, to enhance and update the train control operation and safety system of the Indian Railways.
Who are the promoters of Railtel Corporation Of India ?
President of India is the major promoter of Railtel Corporation Of India.
What are the Subsidiaries that comes under Railtel Corporation Of India ?
RailTel Enterprises Limited is a wholly-owned subsidiary that comes under Railtel Corporation Of India.
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