RailTel Corporation of India shares gain on order win of Rs 18 crore

RailTel Corporation of India

RailTel Corporation of India share price gained in the opening trade on October 10 following Letter of Intent (LoI) worth Rs 18 crore from Ceg - Center For EGovernance, Karnataka.

At 09:19am, Railtel Corporation of India was quoting at Rs 388.40, up Rs 4.95, or 1.29 percent, on the BSE.

The company received order worth Rs 18,22,22,222 for procurement of back-to-back OEM support for existing KSWAN 2.0 routers and switches by November 8, 2025.

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In the month of September, the company has issued work order of Rs 16,30,79,586.31 to RTNS Technology.

The company received the work order from Visakhapatnam Port Authority for implementation of smart video surveillance using video analytics and IoT along with ICCC with 5 years O&M of Rs 37,53,74,109.

Also, the company received the two Letter of Acceptance (LOA) from State Project Director (Spd) Bihar Education Project Council (Bepc) of Rs 50,62,23,040 and Rs 9,70,07,79,510.

In the previous trading session, the share closed at Rs 383.45, down Rs 7.45, or 1.91 percent.

The share touched a 52-week high of Rs 478.80 and a 52-week low of Rs 265.30 on 10 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 18.88 percent below its 52-week high and 46.4 percent above its 52-week low.

The market capitalisation of the company stands at Rs 12,465.25 crore.