Railtel share price rises nearly 9% after winning order worth ₹210 crore

The company said the order is domestic, supply in nature, and valued at ₹209.79 crore as per the LOA. The project is scheduled to be executed by September 11, 2026.

At 10:10 AM, shares of Railtel are trading 9.04% higher at ₹404.70 apiece on the NSE.

According to RailTel’s filing, there is no interest from the promoter, promoter group, or group companies in the awarding entity. It also clarified that the order does not fall under related party transactions.

Earlier last week, on Friday, September 12, the PSU firm had bagged two orders. The Navratna PSU secured a ₹70.94 crore contract from Nashik Municipal Smart City Development Corporation Ltd. The deal entails providing end-to-end solutions, including supply, installation, testing, and commissioning of the City Network Backbone for Nashik and Trimbakeshwar.

The project also covers ongoing operations and maintenance, with completion targeted by December 31, 2026.

Further, RailTel bagged a ₹32.51 crore order from Panvel Municipal Corporation. The order, slated for completion by March 19, 2031, involves the supply, installation, and services to provide connectivity solutions (SDWAN-based Internet Lease Line/MPLS Line) across multiple locations as part of the Panvel Safe City Project.

Railtel share price details:

The stock opened at ₹382.00, up from the previous close of ₹374.60. The company’s market capitalisation is ₹12,920.98 crore.

Over the last five days, shares of Railtel have surged 11.01%. The scrip has advanced 14.26% in the last month. On the other hand, Railtel shares have significantly zoomed 42.99% in the last 6 months and the year-to-date drop stands at 0.51%.

The stock touched its 52 week high of ₹486.60 on September 13, 2024 and its 52 week low of ₹265.50 on March 3, 2025.

About Railtel Corporation of India

RailTel Corporation of India Limited is one of the largest neutral telecom infrastructure providers in the country. A public sector enterprise under the Ministry of Railway, the company was founded in 2000. It is a 'Mini Ratna' (Category-I) public sector undertaking.

The company owns a pan-India optic fibre network and primarily looks after the telecommunication services for Indian Railways.

The company maintains a strategic partnership with Indian Railways. RailTel's customer base includes government organisations, ministries, educational institutions, corporations, banks, and NBFCs.