MultiBagger Railway Psu Stock Railel Corporation in Focus After This Order Book Update | Einsmark news

MultiBagger shares: Railel Corporation of India Ltd. announced on Saturday, April 26, that it had a work order of £ 90 at the Institute of Road Transport, according to the Exchange launching. The Institute for the Tender Order Value of the Road Transport determines that it is £ 90,08,49,783 or over £ 90. “It is to inform that Railel Corporation of India Ltd. received the job order from the Institute for Weg Transport for Work Order amounting to Rs. 90,08,49,783 (tax included),” the company said in the BSE. The order update states that the Railel Corp will be responsible for the design, development, supply, implementation, operation and maintenance of the Enterprise Resource Planning System (ERP) for MTC Ltd in Chennai, TNSTC in Coimbatore and TNSTC in Madurai. According to the filing data, the company is expected to complete the contract by October 18, 2026. Earlier in March 2025, the price of Railel shares rose over 9 percent after the company obtained an order of nearly £ 25 from Hindustan Petroleum Corporation Limited. “Railel Corporation of India Ltd received the work order from Hindustan Petroleum Corporation Limited for an amount of £ 25,15,24 500/- (excluding tax),” according to the Mint report. Railel Corporation of India Share Price Railel Corporation of India shares closed 4.57 percent lower at £ 301.60 after Friday’s stock market, compared to £ 316.05 in the previous market. The company announced the order book update on Saturday, April 26. Railel Corp shares have given more than 148 percent returns on stock market investments in the past five years. However, the share has lost 25.24 percent over the past one year. On a year-on-date (YTD) basis, the PSU share lost 25.52 percent in 2025. The company’s market cap was at £ 9,679.50 crore, as on Friday, April 25. The shares reached their 52 -week high at £ 618 on July 12, 2024, while the low level of the BSE at £ 265.30 on February 3, 2025, was to the data website. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions. First Published: April 26, 2025, 23:19 IST