RailTel Corporation of India is in the spotlight on Tuesday, March 25, after the Department of Telecommunications (DoT) officially withdrew its ₹1,553 crore demand linked to non-telecom revenue, resolving a long-standing dispute regarding licence fees.
According to CNBC-TV18, this decision aligns with the Supreme Court’s earlier ruling that Public Sector Undertakings (PSUs) not offering mobile services should not be subjected to Adjusted Gross Revenue (AGR)-related demands. The report further stated that demands made on other PSUs in similar situations had been withdrawn earlier.
Despite this positive regulatory development, RailTel shares were trading in the red. The stock fell 1.05% to ₹324.05 as of 11:03 AM, down ₹3.45 from its previous close of ₹327.50. The day’s trading range was between ₹319.45 and ₹336.90. RailTel’s market capitalization currently stands at ₹104.19 crore.
Railtel Corp Of India Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Mon, Mar 24 2025
|
₹318.00
|
₹327.50
|
|
|
Fri, Mar 21 2025
|
₹298.90
|
₹309.75
|
|
|
Thu, Mar 20 2025
|
₹298.10
|
₹297.50
|
|
|
Wed, Mar 19 2025
|
₹283.20
|
₹296.30
|
|
|
Tue, Mar 18 2025
|
₹276.55
|
₹281.70
|
|
|
Mon, Mar 17 2025
|
₹283.95
|
₹275.60
|
-2.70%
|
|
Thu, Mar 13 2025
|
₹289.45
|
₹283.25
|
-2.14%
|
|
Wed, Mar 12 2025
|
₹295.30
|
₹289.45
|
-1.09%
|
The resolution of the dispute removes a significant overhang on RailTel’s financial outlook and is expected to boost investor confidence in the long term.
