The latest surge comes after RailTel was awarded a contract worth Rs 100 crore for the selection of a system integrator to develop and maintain an integrated IT solution for monitoring minor minerals over five years. The project aims to streamline oversight and improve tracking mechanisms within the sector.
Earlier this week, the company announced multiple order wins with a total value of about Rs 608 crore, boosting investor sentiment.
In an exchange filing, RailTel Corporation of India said it has received Letters of Acceptance (LoAs) from Rail Vikas Nigam Limited (RVNL) for two major infrastructure projects involving integrated tunnel communication systems.
The first contract, worth around Rs 309.27 crore, relates to Package 1. It involves the supply, installation, testing, and commissioning (SITC) of integrated communication systems for tunnels T-1 to T-7 and associated stations, covering a 42.7 km stretch.
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The second order, valued at approximately Rs 255.27 crore, pertains to Package 2 and covers SITC work for tunnels T-8 to T-11 and four stations, spanning 36 km. The scope includes VHF simplex systems, CCTV, public address systems, and emergency call points.
Both projects are domestic in nature and are scheduled for completion by April 12, 2028.Additionally, RailTel has secured a work order from the Uttar Pradesh Police Recruitment and Promotion Board to provide security-related ancillary services during recruitment examinations. This contract is valued at approximately Rs 43.96 crore.
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The company clarified that none of these contracts falls under related-party transactions and that there is no promoter group interest in the awarding entities. All three orders were received on April 13, 2026.
Despite the recent rally, RailTel shares are still down 7% so far this year. However, the latest momentum has lifted the stock nearly 30% over the past month.
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