Railtel to Declare Second Interim Dividend, Boosts Share Price

Railtel Corporation of India Ltd will announce its second interim dividend for FY25 in a board meeting scheduled on March 12, 2025. This comes on the back of a recent Rs 28.29 crore order win from Northern Railway, which gave the company's stock a 3.5% boost. Railtel's robust order book of Rs 5,280 crore supports revenue growth steadily. The declaration of the dividend has pushed up the share price, as indicated by investor sentiment on the firm's financial performance and prospects.

 

Source: NSE, BSE, Moneycontrol