RailTel Corporation of India Ltd., the state-run railway PSU has informed the exchanges that it has won multiple orders from various entities totalling ₹220 crore on Saturday, February 1.CompanyValueChange%ChangeThe first order is from a Defence PSU to set up a DC and DR centre for the client. This order, worth ₹100 crore, has to be completed by May 2025 and will have a quarterly invoice in terms of payment.RailTel won a second order from the Maharashtra State Power Generation Company Ltd. for the restructuring of its IT network. The IT network has to be restructured across nine plants and three offices of the MSPGCL. This order, is valued at ₹104 crore and has to be executed by January 2030.
Lastly, the company has also won a work order from the Department of Education (Samagra Shiksha) for the supply and services worth ₹15.98 crore.
This order involves the establishment of robotics, drone and Atal Tinkering Labs in 160 government schools across Himachal Pradesh and needs to be executed by November 2025.For the December quarter, RailTel reported a 15% revenue growth but its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell nearly 7%, while margins also narrowed from last year.Railway stocks will also be in focus ahead of the Union Budget announcements from Finance Minister Nirmala Sitharaman.A higher capex allocation for the railways will be positive for the entire sector. A higher focus on KAVACH will be positive for HBL Power, Kernex Micro, KEC International, RailTel and Siemens. A roadmap for higher rolling stock procurement will benefit stocks like Texmaco and Titagarh.Shares of RailTel Corporation of India ended 5.5% higher on Friday at ₹405.1 ahead of the Budget announcement. The stock is down 35% from its record high of ₹617.First Published: Feb 1, 2025 9:10 AM IST
