Railtel Limited is a significant company in the railway sector, and today in this article, we will explore the Railtel Share Price Target . This article is going to be very important, so please read it carefully.
Railtel is a government-owned company under the Ministry of Railways. In this article, we will discuss the company’s operations, its future prospects, the risks associated with its shares, and much more.
Without further delay, let’s dive into this article and learn about the Railtel Share Price Target for 2024, 2025, 2026, 2027, and 2030.
About Railtel Limited
Railtel Corporation of India Limited is a government-owned entity that operates under the Ministry of Railways. It provides free WiFi services at all major railway stations across India. The company was founded on September 26, 2000, by the Government of India.
On August 30, 2024, Railtel achieved the status of a ‘Navratna’ company, making it the 22nd company to receive this recognition. Approximately 6,000 railway stations across the country are connected to Railtel’s network.
Railtel offers various services, including telecom network services, telecom infrastructure services, data center and hosting services, and system integration services. Its retail broadband service is known as Railwire, and the company’s data centers are located in Secunderabad and Gurugram. Railtel is certified with NLD, IP2, ISP licenses, and IP1 certification.
The first free WiFi service provided by Railtel was launched at Mumbai Central Railway Station in January 2016. The company was awarded the 12th National Award for Excellence in Cost Management in 2014. Railtel’s shares are listed on both NSE and BSE.
| Company Name | Railtel Limited |
|---|---|
| Listed On | NSE & BSE |
| NSE Code | RAILTEL |
| BSE Code | 543265 |
| ISIN | INE0DD101019 |
| Listing Date | 26 February 2021 |
| Sector | Telecom Services |
| Market Cap | ₹15,208 crore |
| Face Value | ₹10.0 |
| Founder | Government of India |
| Headquarters | New Delhi, India |
| Established | 26 September 2000 |
Railtel Shareholding Pattern
Before investing in any company, it’s essential to understand the shareholding pattern, which shows how much stake promoters, institutional investors, and the public hold in the company. Railtel’s shareholding pattern looks stable.
| Shareholders | Shareholding (%) |
|---|---|
| Promoters | 72.84% |
| FIIs | 2.15% |
| DIIs | 2.86% |
| Public | 22.14% |
Railtel Share Price Target 2024, 2025, 2026, 2027, 2030
If you’re wondering about Railtel’s future share price, we’ve provided a table below to estimate potential price targets for the coming years:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹480 | ₹505 |
| 2025 | ₹510 | ₹565 |
| 2026 | ₹586 | ₹635 |
| 2027 | ₹668 | ₹740 |
| 2030 | ₹1540 | ₹2160 |
Railtel Share Price Target 2024
Before discussing the target for 2024, let’s look at Railtel’s share price history. In the last month, the stock showed a negative return of 0.29%, but in the past six months, it grew by more than 35%.
Over the last year, Railtel delivered a remarkable return of 112%. Additionally, in the past five years, the stock has provided a return of over 290%. Experts believe that this stock could perform well in 2024. The share price target for 2024 is estimated between ₹480 and ₹505.
Railtel Share Price Target 2025
To determine Railtel’s share price target for 2025, let’s examine the company’s overall sales and net profit. In March 2022, the total sales were ₹1,522 crores, which increased to ₹1,957 crores by March 2023. By March 2024, total sales further grew to ₹2,568 crores.
The net profit, however, saw some fluctuations. In March 2022, the net profit was ₹208 crores, which decreased to ₹188 crores by March 2023, but increased again to ₹246 crores by March 2024.
Considering these factors, Railtel’s share price for 2025 is projected to be between ₹510 and ₹565.
Railtel Share Price Target 2026
Recently, Railtel received a new order worth ₹11.23 crores from the Ministry of Defence. This project involves setting up Railtel POP (Point of Presence) and is expected to be completed by June 2025. Additionally, the company secured another contract worth ₹81.45 crores from NIC Services.
Given these developments, Railtel’s share price in 2026 could range between ₹586 and ₹635.
Railtel Share Price Target 2027
On September 13, 2024, Railtel secured another work order worth ₹19.69 crores from Northern Railways under the GatiShakti Plan, to be completed by September 11, 2026. This project is crucial for Railtel’s continued growth, and the recent recognition as a ‘Navratna’ company further boosts investor confidence.
For 2027, the share price target is projected to be between ₹668 and ₹740.
Railtel Share Price Target 2030
Railtel is currently working on several key projects, including the National Optic Fiber Network (NOFN) to provide broadband connectivity to rural India. This project could drive significant growth for the company if completed on time.
Given Railtel’s ongoing projects and potential for future growth, the share price target for 2030 is estimated to range from ₹1540 to ₹2160.
Conclusion
Railtel Limited is a strong player in the telecom infrastructure sector, especially with its ongoing government projects. If the company continues to secure large contracts and maintains its growth trajectory, Railtel could see significant appreciation in its share price in the coming years. However, always do your research or consult a financial advisor before investing.
FAQs
Is Railtel a government company?
Yes, Railtel is a government-owned company under the Ministry of Railways.
What services does Railtel provide?
Railtel provides telecom network services, data center services, hosting, and system integration services, among others.
What is the Railtel share price target for 2024?
What is the Railtel share price target for 2024? The target for 2024 is between ₹480 and ₹505.
Where is Railtel headquartered?
Railtel’s headquarters is in New Delhi, India.
Is Railtel a profitable company?
Yes, Railtel has been consistently profitable, although its net profit has seen some fluctuations in recent years.
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