RailTel shares jump 6% on securing new orders; railway stock up 39% in 6 months
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RailTel shares rise 6.27% to ₹367.50 on the BSE | Credits: Sanjay Rawat
RailTel shares jump 6% on securing new orders; railway stock up 39% in 6 months
RailTel Corporation of India saw its shares rise over 6% after securing multiple new orders, boosting investor sentiment. The stock has climbed 39% from its 52-week low, driven by significant contracts in the telecom infrastructure sector. Recent wins include projects for smart classrooms and ICT labs in Bihar, enhancing RailTel's market position.
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Boosted by multiple order wins, RailTel shares gained as much as 6.27% to ₹367.50 on the BSE, while its market capitalization crossed ₹11,500 crore.
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RailTel shares rise 6.27% to ₹367.50 on the BSE | Credits: Sanjay Rawat
Shares of RailTel Corporation of India surged over 6% on Tuesday after the company announced that it had secured multiple orders. The railway-related stock has risen nearly 7% over the past three sessions, as sentiment was lifted by back-to-back order wins in the telecom infrastructure space.
Boosted by multiple order wins, RailTel shares gained as much as 6.27% to ₹367.50 on the BSE, while its market capitalization crossed ₹11,500 crore. Early today, the midcap stock opened 4% higher at ₹359.95 after ending 0.4% higher in the previous session.
At the current level, RailTel’s share price is up around 39% from its 52-week low of ₹265.30, touched on March 3, 2025. The stock hit its 52-week high of ₹486.55 on September 13, 2024.
In the past one year, RailTel shares have delivered a negative return of 23%, while losing over 11% in the calendar year 2025. In the past six months, the PSU stock has risen 23%, adding 2% in the past month.
In an exchange filing last evening, RailTel said it had secured an order from the State Project Director (SPD), Bihar Education Project Council (BEPC), with an estimated size of ₹262.14 crore, to be executed by March 31, 2026.
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“This is to inform that RailTel Corporation of India Ltd. has received the Letter of Acceptance (LOA) from the State Project Director (SPD), Bihar Education Project Council (BEPC),” the release noted. The project includes procurement, supply, and installation of smart classrooms at government middle schools in Bihar.
Additionally, the Navratna PSU received another contract from BEPC worth ₹44.21 crore for the supply, installation, testing, and commissioning (STC) of ICT labs. RailTel also bagged a project worth ₹257.50 crore for procurement, supply, and installation of smart classrooms at government secondary and senior secondary schools, along with a ₹59.77 crore project for SITC of ISM labs.
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In a separate release, the company informed that it had received a Letter of Acceptance (LOA) worth ₹89.91 crore for the supply of teaching and learning materials for classes I to V in government schools in Bihar.
RailTel has a long track record of over 20 years in the telecom infrastructure space. The company owns more than 61,000 km of optical fibre network, providing long-distance services, including internet and passive infrastructure solutions, across the country. In addition, it has executed several critical projects of national importance, such as BharatNet, the National Knowledge Network (NKN), and railway signalling, among others.
Railtel’s order book position as of January 2025 stood at ₹5,280 crore, indicating healthy revenue visibility going forward, as per ICRA report.