Telecom Infra stock, RailTel secures Rs. 13.34 crore order by South Central Railway
This project underscores RailTel’s pivotal role in modernizing Indian Railways’ communication systems.
Telecom Infra stock, RailTel secures Rs. 13.34 crore order by South Central Railway
State-run telecom infrastructure provider, RailTel Corporation of India Ltd. has received a significant order worth Rs. 13.34 crore from South Central Railways for the provision of EPC Core Infrastructure for 4G LTE-R across 523 RKM in the Secunderabad Division. The project is set to enhance communication systems and will be executed by December 2027.
This project underscores RailTel’s pivotal role in modernizing Indian Railways’ communication systems. By delivering cutting-edge 4G LTE-R infrastructure, RailTel is set to revolutionize rail connectivity in the Secunderabad Division, aligning with India’s vision for smarter and more efficient railway operations.
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Read Also : Third Wave Coffee appoints Akshat Arora as Marketing DirectorFinancially, Railtel exhibits a return on equity (ROE) of 12.5, alongside a price-to-book value ratio of 8.2, indicating a high valuation. Despite a 47.48% return over the past year and a profit increase of 36.3%, the company's PEG ratio stands at 1.8.
On a positive note, Railtel has maintained a low debt-to-equity ratio and has reported positive results for the last five consecutive quarters, with operating cash flow reaching Rs 556.34 crore and net sales at Rs 843.49 crore. Currently, the shares of the company are trading still low at Rs 425.90 by 2.39%.
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