RailTel Corporation shares advance 5% on bagging IT monitoring order worth ₹100 crore

At around 11:53 AM, the stock was trading 1.13% higher at ₹340.55 per equity share.

The scrip has advanced 21% in the past week and 27% over the month. However, on a year-to-date basis, it has fallen 8%.

While the share hit a 52-week high of ₹478.95 on June 10, 2025, it touched a year’s low of ₹245 per unit on March 30, 2026.

Order win

In a regulatory filing on April 15, the Navratna PSU stated that it received a Letter of Intent (LoI) from the Divisional Commissioner, Konkan Division, for ₹100 crore (excluding tax).

Under the contract, the company will select a system integrator to develop and maintain an integrated IT solution for monitoring minor minerals for a period of five years.

Recent developments

The company, on April 14, said that it has bagged an order worth ₹43.96 crore from the Uttar Pradesh Police Recruitment and Promotion Board to provide security-related ancillary services during the recruitment examination.

RailTel, in a separate filing, informed that it has secured two orders from Rail Vikas Nigam. The first order, worth ₹255.27 crore, involves the SITC of integrated tunnel communication systems for tunnels T-8 to T-11, covering a section length of 36 km.

The scope also includes systems such as VHF simplex communication, CCTV, public address (PA) systems, and emergency call points, and also extends to four stations.

The second order from Rail Vikas Nigam costs ₹309.28 crore. Covering a section length of 42.7 km, the order includes the SITC of integrated tunnel communication systems in tunnels T-1 to T-7 and associated stations. Both orders are expected to be executed on April 12, 2028.

RailTel Corporation of India has a total market capitalisation of ₹10,902.28 crore as of April 16, 2026, according to data on the NSE.