Railtel Corp Shares Surge 4.33% on Securing Rs 103.4 Crore Orders from Panvel and Nashik

1 min read     Updated on 12 Sept 2025, 11:13 AM
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Riya DeyScanX News Team
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Overview

Railtel Corporation of India Ltd's shares climbed 4.33% to Rs 379.15, reaching a one-month high. The company secured two orders totaling Rs 103.4 crore from Maharashtra municipal corporations. The first order, worth Rs 32.51 crore, is from Panvel Municipal Corporation for the Panvel Safe City Project. The second order, valued at Rs 70.94 crore, is from Nashik Municipal Smart City Development Corporation Ltd for city network backbone implementation. These orders follow recent contract wins, including an Rs 18.56 crore cyber security services contract from IRCTC and an Rs 520 crore order from Bihar Education Project Council. Despite the recent rally, Railtel's stock has declined 20.66% over the past 12 months and 7.86% year-to-date. Trading volume surged to 3.7 times the 30-day average.

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*this image is generated using AI for illustrative purposes only.

Railtel Corporation of India Ltd, a railway public sector undertaking, saw its shares reach a one-month high, climbing 4.33% to Rs 379.15. This surge comes on the heels of the company securing two significant orders totaling Rs 103.4 crore from municipal corporations in Maharashtra.

New Orders Boost Investor Confidence

The company has received two major orders from Panvel Municipal Corporation and Nashik Municipal Smart City Development Corporation Ltd. These orders, detailed in the company's latest LODR (Listing Obligations and Disclosure Requirements) filings, showcase Railtel's growing presence in smart city infrastructure projects.

  1. Panvel Municipal Corporation Order:

    • Project Value: Rs 32.51 crore (including tax)
    • Scope: Supplying, installing, and providing connectivity services (SDWAN-based Internet Lease Line / MPLS Line) for the Panvel Safe City Project
    • Completion Deadline: March 31, 2026
  2. Nashik Municipal Smart City Development Corporation Ltd. Order:

    • Project Value: Rs 70.94 crore (excluding tax)
    • Scope: Implementation of Nashik & Trimbakeshwar City Network Backbone, including supply, laying, installation, testing, commissioning, and maintenance services
    • Completion Deadline: December 31, 2026

Recent Contract Wins

This week has been particularly fruitful for Railtel, with multiple contract wins bolstering its order book:

  • Rs 18.56 crore contract from Indian Railway Catering and Tourism Corp for cyber security services
  • Rs 520 crore order from Bihar Education Project Council for lab equipment and teaching materials

Market Performance

Despite the recent rally, Railtel's stock has faced challenges over the past year:

Period Decline
12-month 20.66%
Year-to-date 7.86%

However, the latest news has sparked renewed interest, with trading volume surging to 3.7 times the 30-day average.

Analyst Outlook

The market sentiment remains cautious:

  • Two analysts currently recommend a 'sell' rating on the stock
  • Consensus price targets suggest a 33.8% downside potential

As Railtel continues to secure significant orders in the smart city and digital infrastructure space, investors and analysts will be closely watching the company's execution and financial performance in the coming quarters.

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RailTel Corp Shares Jump Over 6% on Rs 104 Crore Order Wins from Bihar Government

1 min read     Updated on 09 Sept 2025, 05:53 AM
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Reviewed by
Naman SharmaScanX News Team
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Overview

RailTel Corporation of India Ltd's shares rose over 6% after securing orders worth Rs 104 crore from the Bihar Education Project Council. The company won two projects valued at Rs 44.21 crore and Rs 59.76 crore, to be completed by March 31, 2026. The stock reached Rs 367.80, its highest since August 21, extending a three-day rally with 4.25% gains. Despite this surge, RailTel's stock has declined 23% over the past year and 10.43% year-to-date. Analysts maintain a cautious outlook with two sell ratings and price targets suggesting a potential 32% downside.

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*this image is generated using AI for illustrative purposes only.

RailTel Corporation of India Ltd, a prominent telecommunications infrastructure provider, has seen its shares surge over 6% following the announcement of new order wins worth Rs 104.00 crore from the Bihar Government.

Order Details

The company has secured orders through the State Project Director of the Bihar Education Project Council (BEPC). The orders include:

  • A project worth Rs 44.21 crore
  • Another project valued at Rs 59.76 crore

Both projects are expected to be completed by March 31, 2026.

Stock Performance

Following the announcement, RailTel's stock reached Rs 367.80, marking its highest level since August 21. This surge extends a three-day rally, during which the stock has gained 4.25%. The trading volume was notably high, reaching 17 times the 30-day average.

Recent Stock Trends

Despite the recent gains, RailTel's stock has faced some challenges:

  • Over the past 12 months, the stock has declined by 23.00%
  • Year-to-date, it has seen a decrease of 10.43%

Analyst Outlook

Current analyst sentiment on RailTel stock appears cautious:

  • Two analysts maintain sell ratings on the stock
  • The consensus price targets suggest a potential 32.00% downside

This order win represents a significant development for RailTel, potentially boosting its financial outlook and market position. However, investors should consider both the positive news and the overall market sentiment when making investment decisions.

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