Railtel Share Price Target 2024, recently outperformed all the market predictions on the stock exchange, on the back of winning several contracts worth lakhs of rupees. The NSE stock of Railtel has been on a high-flying trajectory for several years, reaching an all-time high last February. However, the stock has since not been able to regain its traction.
Railtel was established in September 2000, i.e. 23 years ago. The public sector company has made a lot of progress over the years. It has been providing services in broadband, telecoms, multimedia networks, and Indian Railways’ safety system. With a total staff of only 730, Railtel is 100% owned by the Indian Railways.
In this article, we will guide investors through the factors that will determine the Railtel share price predictions below, as well as other important points such as the Railtel Share Price Target 2024, the performance of the Railtel NSE stock over the years, etc. We will also provide a projection of Railtel’s Share price Target 2025 and beyond.
Railtel Share Price Target 2024
Month (2024)Maximum Target Minimum Target January Rs – Rs – February Rs – Rs – March Rs 365.90 Rs 306.87 April Rs 372.90 Rs 312.90 May Rs 378.81 Rs 329.19 June Rs 382.26 Rs 335.22 July Rs 395.10 Rs 340.92 August Rs 408.90 Rs 346.07 September Rs 411.99 Rs 350.05 October Rs 413.17 Rs 355.92 November Rs 426.03 Rs 369.87 December Rs 430.62 Rs 378.00
Railtel Share Price Target 2025
Month (2025) Maximum Target Minimum Target January Rs 433.13 Rs 380.89 February Rs 446.06 Rs 395.54 March Rs 450.00 Rs 301.80 April Rs 460.91 Rs 406.04 May Rs 471.05 Rs 413.16 June Rs 483.60 Rs 420.03 July Rs 490.51 Rs 437.86 August Rs 502.25 Rs 444.00 September Rs 512.42 Rs 459.76 October Rs 523.00 Rs 464.74 November Rs 530.22 Rs 479.90 December Rs 549.00 Rs 486.91
Railtel Share Price Target 2026 to 2030
Year Maximum Target Minimum Target 2026 Rs 678.22 Rs 490.70 2027 Rs 819.08 Rs 565.87 2028 Rs 957.13 Rs 630.85 2029 Rs 1090.00 Rs 705.80 2030 Rs 1223.88 Rs 770.96
CG POWER: NSE Financials 2023
Railtel Market Capitalisation: 10,971.28 Crores INR
Railtel Reserves and Borrowings: 1,315.02 Cr INR and 0.00 Cr INR (March 2023) Respectively
Railtel 52 Week High-Low: Rs 491.45 – Rs 96.25 Revenue 19.65 Billion INR⬆ 26.80% YOY Operating expense 1.88 Billion INR⬆ 1.93% YOY Net Income 1.89 Billion INR⬇-9.51% YOY Net Profit Margin 9.63⬇-28.61% YOY Earnings Per Share 5.95⬇-8.53% EBITDA 3.60 Billion INR⬆ 3.16% Effective Tax Rate 25.79%
- Total Assets33.39 Trillion INR⬆ 16.83% YOY Total Liabilities 16.90 Trillion INR⬆ 26.95% YOY Total Equity 16.49 Billion INR Return on assets 4.70% Return on Capital 8.96% P/E Ratio 45.15 Dividend Yield 0.58%
Railtel Ltd Shareholding Pattern
- Promoters: 72.84%
- FII: 1.45%
- DII: 0.44%
- Retail & Others: 22.31%
- Mutual Funds: 2.96%
Railtel Ltd Competitors (Market Cap: 10,971.28 crores INR
- Tata Communications Market Cap: 53,491.65 crores INR
- Bharti Airtel PP Ltd Market Cap: 32,599.10 crores INR
- Bharti Airtel RE Ltd Market Cap: 8,004.63 crores INR
The Railtel NSE Stock opened at Rs 344.40 today after opening at Rs 344.35 on the NSE. The stock showed a slight negative trend, moving up by 1.01%. The previous day, the stock closed at Rs 344.80.
In its latest filing on the NSE, the Railtel Corporation announced that it has won contracts worth ₹ 351.95 crore from Mumbai Municipal Corporation (MCC) and ₹ 130.60 crore from Patna State Project Director (BPEC).
In another update, Railtel Corporation has announced that it has been given a working order by the State Transport Authority, Orissa for the upgrading of its current CCC to Unified CCC and the implementation of ITSM.
Railtel Corporation Ltd, which is owned by the Government of India, is a public limited company operating in a sector that has a lot of potential for growth in the near term. This would make it possible for investors to make a good profit on their investments in the stock of the company. The growth prospects of the company lie in the broadband, internet services, and technology sectors, which are expected to receive a lot of capital from both the private sector and the government.
Investors should be aware of the competition faced by this PSU Enterprise. Private players are very innovative and flexible, which gives them an advantage over government-owned companies. This could lead to Railtel Corporation Ltd lagging in the market for Internet and Broadband. In the last fiscal year, Railtel Share Price Target 2023, the revenue of the company increased by 26.80% (YOY) to INR 19,64 Billion.
Anand Rathi share and stock Brokers suggest that the Railtel share price target 2024 should be supported at Rs 380 and the resistance at Rs 450. Another share market analyst, Ar Ramachandran, suggested that investors should be wary of Railtel’s share price target of Rs 477 and the support at Rs 377.
For investors, the Railtel Share price target of 2021 and the share price target of 2022 have either remained flat or declined on the stock exchange