RailTel Corporation Wins Rs. 22.75 Crore Contract from North Central Railway
On Friday, RailTel Corporation Shares zoomed more than 7 percent in a day and the reason behind this rally may be this new order received by the company of approximately ₹23 crore from North Central Railway for expanding digital infrastructure ecosystem.
RailTel Corporation of India Ltd., a prominent public sector enterprise under the Ministry of Railways, has landed a major project from North Central Railway worth approximately Rs. 22.75 crore (inclusive of taxes). This new order reinforces RailTel’s expanding role in India’s railway and digital infrastructure ecosystem.
Click Here To Read More About This Order
As confirmed in a regulatory disclosure on May 2, 2025, the company officially received the work order on May 1. The project is domestic in nature and is expected to be completed by April 30, 2026. Specific terms and deliverables will follow the Letter of Acceptance issued by the North Central Railway.
This announcement was made in accordance with the Securities and Exchange Board of India’s (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. RailTel also provided details in line with the recent SEBI circular dated July 13, 2023, ensuring transparency and compliance in public disclosures.
The company confirmed that the project does not involve any related party transactions. Additionally, neither the promoters nor any group entities have a stake or vested interest in the organization that issued the order.
RailTel Corporation’s consistent growth in securing key government projects underscores its vital contribution to modernizing railway infrastructure and delivering advanced telecom services across the country. The company, known for its pan-India broadband network and system integration capabilities, continues to align with national development goals by enabling digital connectivity for one of India’s largest transport networks.
With this latest contract, RailTel Corporation strengthens its position as a reliable technology partner for Indian Railways. The organization expressed confidence in executing the project within the stipulated timeline and in line with contractual obligations.
Railtel Corporation Share Price
On May 3, 2025, RailTel’s stock witnessed a significant surge on the National Stock Exchange (NSE), climbing by 7.58% to close at ₹318.50. The bullish momentum was evident from the day’s trading range, with the stock opening at ₹313.65 and reaching a high of ₹336.40, well above the previous day’s close of ₹296.05.
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