MARKETS

RailTel Corp Shares Trade 3% Higher on Rs 166 Crore Order 

The order was awarded by a domestic body and falls into the project category.
The order was awarded by a domestic body and falls into the project category.

Shares of RailTel Corporation of India Ltd were trading 3% higher on 4 August after the company announced securing an order worth Rs 166 crore. 

In its regulatory filing, the company said, “RailTel Corporation of India has received the advance work order from Bharat Sanchar Nigam for services amounting to Rs 1,66,38,00,000. The said order is to be completed by 31 July 2028.” 

In the first quarter of FY26, the company’s net profit increased 35.8% to Rs 66.10 crore, while revenue increased 33% to Rs 743.81 crore year on year.

In July, the company received a work order from the Department of SSEPD, Govt of Odisha for Rs 10,05,91,421 for the implementation of comprehensive IT solutions for the SSEPD Department, as well as a work order from East Central Railway for Rs 2,64,06,97,427 and a work order from Indian Overseas Bank for TENDER worth Rs 10,27,11,362.

On 28 August, 2024, and 3 March, 2025, the share reached a 52-week high of Rs 516.50 and a 52-week low of Rs 265.30.

At 2:35 pm, the shares of RailTel Corp were trading 3% higher at Rs 364.65 on NSE.

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