RailTel Corporation shares gain on order win from Chhattisgarh govt

RailTel Corporation of India

RailTel Corporation of India share price gained in the early trade on July 10 following the company received the work order of Rs 17.47 crore.

At 09:21am, Railtel Corporation of India was quoting at Rs 415.65, up Rs 5.40, or 1.32 percent, on the BSE.

The company has received the work order from General Administration Department (Gad) Chhattisgarh for a work-order amounting to Rs 17,47,74,625 to be completed by January 14, 2031.

The work order is for network connectivity, operation & maintenance (O&M), hardware procurement & commissioning implementation of revamped integrated communication WLAN LAN EPBAX Infrastructure.

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Earlier in this month, the company received the LOI from Central Warehousing Corporation for work order amounting to Rs 96,99,80,118.

Also, received the Letter of Acceptance from Cuttack Development Authority for work order amounting to Rs 15,84,92,196 (Including Tax).

The share touched a 52-week high of Rs 618.00 and a 52-week low of Rs 265.30 on 12 July, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 32.74 percent below its 52-week high and 56.67 percent above its 52-week low.

The market capitalisation of the company stands at Rs 13,339.80 crore.