RailTel Corporation of India shares up 6% on contract win of Rs 455 cr

RailTel Corporation of India

RailTel Corporation of India’s share price rose 6% on February 10 after the company received a Letter of Acceptance (LoA) from West Central Railway.

As per the LoA, the order is valued at ₹454.95 crore and is scheduled to be executed by September 24, 2028.

At 09:17am, Railtel Corporation of India was quoting at Rs 352.60, up Rs 20.30, or 6.11 percent, on the BSE.

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Earlier in January, RailTel had secured another LoA from the Assam Health Infrastructure Development & Management Society (AHIDMS) for the procurement, implementation, and maintenance of a Hospital Management Information System (HMIS), with an estimated order value of ₹56.71 crore.

On the financial front, the company reported a 4 percent year-on-year decline in net profit for the quarter ended December, with profit slipping to ₹62.40 crore from ₹65.05 crore in the corresponding period last year. However, revenue from operations rose 19 percent year-on-year to ₹913.45 crore compared with ₹767.62 crore.

In the previous trading session, the stock closed at ₹332.30, up ₹8.15 or 2.51 percent. It touched a 52-week high of ₹478.80 on June 10, 2025, and a 52-week low of ₹265.30 on March 3, 2025. Currently, the stock is trading 30.6 percent below its 52-week high and 25.25 percent above its 52-week low. The company’s market capitalisation stands at ₹10,664.78 crore.