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Reading: RailTel shares in focus after securing Rs 288 crore Kavach tender
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StockWaves > Financial News > RailTel shares in focus after securing Rs 288 crore Kavach tender
Financial News

RailTel shares in focus after securing Rs 288 crore Kavach tender

StockWaves By StockWaves Last updated: February 24, 2025 3 Min Read
RailTel shares in focus after securing Rs 288 crore Kavach tender
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Contents
RailTel shares goal worthRailTel shares efficiency
RailTel Company of India shares will likely be in concentrate on Monday after the corporate secured a Rs 288 crore Kavach tender to put in anti-collision know-how at 71 stations throughout 502 route kilometers (RKM) of practice tracks. An organization assertion mentioned this is without doubt one of the largest signaling tasks undertaken by RailTel.

The implementation of this technique won’t solely improve security but additionally enhance the general operational effectivity of the East Central Railway, the assertion added.

Kavach is an indigenous automated practice safety system designed to forestall practice collisions by robotically making use of brakes when a sign is handed at hazard or when there’s a threat of collision.

Additionally Learn: Shares in information: Zomato, Jio Monetary, Swiggy, Coal India, Airtel, Ami Organics

Earlier in January, the corporate secured a Rs 78.43 crore order from Bharat Coking Coal Ltd (BCCL). In October 2024, RailTel received a Rs 144.88 crore contract from the Gujarat authorities’s Dwelling Division. This venture entails the provision, set up, commissioning, and upkeep of a CCTV video surveillance system throughout numerous police and cybercrime branches, set for completion by Could 21, 2025.

Moreover, RailTel received a Rs 48.7-crore order in the identical month from Well being Insurance coverage TPA of India Ltd to develop an built-in claims administration resolution portal and cellular utility, with completion slated for June 14, 2030.Additionally Learn: Nifty50’s valuation to get a raise with Zomato, Jio Fin becoming a member of index

RailTel shares goal worth


As per Trendlyne information, the common goal worth of the inventory is Rs 288, which reveals a draw back of 6% from the present market costs. The consensus advice from 2 analysts for the inventory is a ‘Sturdy Promote’.

Additionally Learn: Bitcoin’s drop: An opportunity for retail buyers to purchase the dip? Right here’s what consultants say

RailTel shares efficiency


The inventory has declined 35% over the previous six months however gained 173% within the final two years. The corporate’s market capitalization stands at Rs 9,798 crore.

RailTel, a Navratna public sector endeavor below Ministry of Railways, is without doubt one of the largest impartial telecom infrastructure suppliers in India.

(Disclaimer: Suggestions, strategies, views and opinions given by the consultants are their very own. These don’t symbolize the views of the Financial Instances)

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