439% in 2 years: Railway PSU bags Rs 187 crore government order ahead of Budget 2024 - Do you own?

Multibagger Railway PSU Stock: According to an exchange filing, the order is valued at Rs 186.81 crore. 

Multibagger Railway PSU Stock: "This is to inform that RailTel Corp has received the work order from Ministry Of Railways (Railway Board) for Design, Development, Implementation, Operations and Maintenance of HMIS and Integrated Empanelled Hospital Referral Portal for Indian Railways amounting to Rs 1,86,81,00,000 (Including Tax)," the PSU said in an exchange filing.

Multibagger Railway PSU Stock: The order, awarded by the Indian Railways, Ministry Of Railways, which is a Promoter of RailTel and has a shareholding of 72.84 per cent, has to be executed within four years. 

Multibagger Railway PSU Stock: The order involves the design, development, implementation, operations and maintenance of HMIS (Health Management Information System) and integrated empanelled hospital referral portal for Indian Railways.

Multibagger Railway PSU Stock: The railway PSU stock closed 2 per cent higher at Rs 527 against the previous close of Rs 516.65 on the BSE.

Multibagger Railway PSU Stock: It is a multibagger stock and has given a return of 237 per cent to shareholders in one year and 439 per cent return in two years. The company has already gained 48 per cent so far this year.