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By EquityPandit

MARKETS

RailTel Corp Shares Trade 2% Higher on Securing Rs 90 Crore Order

The contract is set to expires on 18 October 2026.

Shares RailTel Corporation of India Ltd rose in early trading on 28 April after the company announced receiving a work order of Rs 90,08,49,783 from The Institute of Road Transport.

The contract, which expires on 18 October 2026, covers the design, development, supply, implementation, operations, and maintenance of an enterprise resource planning system (ERP) for MTC Chennai, TNSTC-Coimbatore, and TNSTCMadurai.

UTI Infrastructure Technology & Services issued a work order to the company on 17 April for Managed Cloud services for three years for Rs 19,84,36,100.

In March, the business received an order for Rs 25.15 crore from Hindustan Petroleum Corporation. A five-year contract is required to renew current MPLS and ILL connectivity, and additional connections may be suggested over time, subject to practicality.

On 12 July 2024 and 3 March 2025, the share reached a 52-week high of Rs 618.00 and a 52-week low of Rs 265.30.

At 12:04 pm, the shares of RailTel Corporation were trading 1.645 higher at Rs 306.95 on NSE.  

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