RailTel Corporation shares gain on contract win of Rs 18 crore

RailTel Corporation of India

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26 Aug, 2025 12:21

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RailTel Corporation of India share price rose in the opening trade on September 22 following the order win from Dredging Corporation Of India worth Rs 18.06 crore.

At 09:19am, ailtel Corporation of India was quoting at Rs 395.35, up Rs 1.50, or 0.38 percent, on the BSE.

Dredging Corporation Of India has awarded a contract to the company for provision of offshore internet for DCI Vessels & ICCC, which is to be executed by January 18, 2026.

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Last week, the company received a contract worth Rs 57.48 crore from Bihar State Educational Infrastructure Development Corporation for development of hybrid smart classroom and ICT Lab at different colleges and university in Bihar under PM-USHA Scheme.

Earlier in this month, the company has received a Letter of Acceptance (LOA) for an order worth Rs 209.78 crore from the State Project Director (SPD), Bihar Education Project Council (BEPC).

Also, received a work order worth Rs 32.51 crore from Panvel Municipal Corporation, and another project worth Rs 70.94 crore from Nashik Municipal Smart City Development Corporation.

It has received the Letter of Acceptance (LOA) from State Project Director (Spd) Bihar Education Project Council (Bepc) for procurement, supply and installation of smart classrooms at Government Middle Schools. The estimated size of order is Rs 2,62,14,38,750 and to be executed by March 31, 2026.

The share touched a 52-week high of Rs 478.85 and a 52-week low of Rs 265.30 on 27 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 17.34 percent below its 52-week high and 49.19 percent above its 52-week low.

The market capitalisation of the company stands at Rs 12,702.74 crore.