RailTel Corporation shares rise 3% on order win from East Central Railway

RailTel Corporation of India

RailTel Corporation of India share price rose more than 3 percent in the early trade on July 15 following the company received the work order from East Central Railway for works amounting to Rs 2,64,06,97,427.

At 09:20am,  Railtel Corporation of India was quoting at Rs 424.05, up Rs 14.35, or 3.50 percent on the BSE.

The order include provision of Kavach (indigenous Train Collision Avoidance System) on low density railway track in 607 RKm of East Central Railway.

The said order is to be executed by July 14, 2027.

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Earlier in this month, the company has received the work order from Indian Overseas Bank for TENDER amounting to Rs 10,27,11,362 and also received the work order from General Administration Department (Gad) Chhattisgarh for a work-order amounting to Rs 17,47,74,625

Also, received the LOI from Central Warehousing Corporation for work order amounting to Rs 96,99,80,118.

The share touched a 52-week high of Rs 580.80 and a 52-week low of Rs 265.30 on 16 July, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 26.99 percent below its 52-week high and 59.84 percent above its 52-week low.

The market capitalisation of the company stands at Rs 13,609.39 crore.