Railtel bags about Rs 17 crore PMC order from Lucknow Municipal Corporation

Government or defence orderBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

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₹339.00

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%+0.1% vs market

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On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.5 pts less than its Other Telecom Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Railtel has received a Letter of Intent from Lucknow Municipal Corporation for Project Management Consultancy services for 5 years. Order size is about Rs 16.99 crore (Rs 16,99,20,000). It is a domestic tender with execution deadline of 15 February 2031. No promoter or related party interest involved. Work order received on 10 February 2026.

Likely market impact

Adds around Rs 17 crore to order pipeline over 5 years from a government municipal body. Small relative to Railtel's overall revenue base.