Key projects, including the PLI scheme for train parts, Gati Shakti inclusion, redevelopment of railway stations, and the multitracking project, are opening unparalleled possibilities for the sector
The work order is for the operations and maintenance of the existing integrated command communication center of KSCCL, Kakinada
Shares of RailTel Corporation of India surged 6 per cent at Rs 420.75 a piece on the NSE
Railtel Corporation has secured an order to set up, migrate, and manage the data center and disaster recovery sites of Maharashtra Housing And Area Development Authority on cloud
Tech charts show that RVNL, IRCTC, IRFC, RailTel and Texmaco Rail were trading below long-term moving averages on the daily scale; however, select stocks were seen seeking support on the weekly scale.
The uptick in RailTel Corporation of India Ltd share price came after the company announced that it has bagged a work order worth Rs 156 crore from rural development department, Maharashtra.
SJVN, NHPC and RailTel Corp can potentially rally up to 14% from present levels, suggests technical charts. Watch out for these key support and resistance levels going ahead.
The Department of Public Enterprises (DPE) in its statement said that Rail Ministry India CPSE had an annual turnover of Rs 2,622 crore and a net profit of Rs 246 crore for FY 2023-24
RailTel order book at the end of the June quarter stood at Rs 4,682 crore
The uptick in the stock price came after the company announced that it has secured an order from the Ministry of Railways (Railway Board).
Defence, railways stocks in focus: In the past one month, most of these stocks had hit their respective record highs
In the past one month, the stock of telecom service provider for Indian Railways has rallied 47 per cent after winning multiple orders worth Rs 161 crore.
The GoI is focusing on improving the railway infra and ensures faster development and completion of tracks, rail electrification, rolling stock manufacturing and delivery of passenger freight services