back to top
HomeMONEY₹532 Rail Share Giving Highest Dividend Ever; 8 July Decision Taken Regarding...

₹532 Rail Share Giving Highest Dividend Ever; 8 July Decision Taken Regarding This

Railtel Corporation of India (NSE: RAILTEL): Railtel Corporation of India (RAILTEL) has declared the biggest dividend in history.

The company has announced an interim payment that is 1.85 per share for 2023-24. The decision was made at the board meeting on the 8th of July, Monday, 2024.

The exchange released the information that the company stated that the dividend was paid three times in 2023 and twice in 2022.

The 3rd of November, 2023 was the date the company paid the dividend of 1.05 rupees per share on August 24, 2023.

It also paid a dividend of Rs 1.5 per share in February 2023, and Rs 0.65 per share the September 22nd and on January 20, 2022, the company declared an amount of 1.75 per share.

Stock Performance

The return was 13 percent over a week, 36 percent in three months, 300 percent in one year, and 275 percent in three years.

Railtel Corporation of India Stock Performance

Current Price₹ 535
52-wk High₹ 559
52-wk Low₹ 130
5 Days Return13.57%
1 Month Return38.62%

Key Fundamentals Parameters

Market Cap₹ 17,159 Cr.
Stock P/E64.7
Book Value₹ 56.9
Dividend0.48 %
ROCE20.3 %
ROE15.3 %
Face Value₹ 10.0
P/B Value9.40
OPM18.1 %
EPS₹ 7.67
Debt₹ 45.6 Cr.
Debt to Equity0.02

Railtel Corporation of India Shareholding Pattern

Promoters Holding
Mar 202372.84%
June 202372.84%
Sept 202372.84%
Dec 202372.84%
Mar 202472.84%
FII Holding
Mar 20231.05%
June 20231.32%
Sept 20231.46%
Dec 20231.45%
Mar 20242.20%
DII Holding
Mar 20234.12%
June 20232.20%
Sept 20233.54%
Dec 20233.39%
Mar 20242.64%
Hot Stocks Alert Join
Public Holding
Mar 202321.97%
June 202323.64%
Sept 202322.14%
Dec 202322.31%
Mar 202422.32%

Railtel Corporation of India Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 1,081 Cr
2021₹ 1,337 Cr
2022₹ 1,522 Cr
2023₹ 1,947 Cr
2024₹ 2,568 Cr

Last 5 Years’ Net Profit:

2020₹ 138 Cr
2021₹ 140 Cr
2022₹ 208 Cr
2023₹ 187 Cr
2024₹ 246 Cr

Conclusion

This article provides an exhaustive guide to share your information.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here