RailTel shares surge 11% on major order wins.

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RailTel shares surge 11% on major order wins. RailTel Corporation of India's stock rallied sharply after securing Rs 608 crore in fresh orders from Rail Vikas Nigam Limited and Uttar Pradesh Police. The company received Letters of Acceptance for two integrated tunnel communication system projects worth Rs 309.27 crore and Rs 255.27 crore respectively, covering infrastructure across 78.7 km with completion targeted by April 2028. An additional Rs 43.96 crore contract for security services was also awarded. These orders strengthen RailTel's position in telecom infrastructure and government project execution, providing clear growth visibility. The company clarified all contracts are non-related party transactions with no promoter group involvement.

Wednesday, April 15, 2026 at 9:20 AM

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