RailTel bags order worth about Rs 63 crore from Prasar Bharti for WAVES OTT platform

Government or defence orderBusiness Updates View source PDF Explain this filing

RAILTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+3.1%Reaction day

₹252.00

prior close

₹254.75

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.8%+2.3% vs market

Telecom - Services peers, median of 18sector · industry level+0.2%+2.9% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Smallcap 250 and 2.9 pts more than its Telecom - Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.6

10m

+2.3

15m

+1.3

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1+0.8+2.3+0.2+2.9

Next day

+5.9+2.4+3.5+0.2+5.6

+3.0+2.3+0.7+0.0+3.0

+4.8+2.2+2.6+0.8+4.0

+6.8+3.1+3.7+1.9+4.9

+3.8+1.6+2.1-0.3+4.1

+2.3-0.0+2.3-2.1+4.4

15d

-1.2-1.6+0.4-0.8-0.4

-0.7-2.4+1.7-1.4+0.7

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UpDownMarket · Nifty Smallcap 250Sector · Telecom - Services peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RailTel Corporation of India has secured a Letter of Intent from Prasar Bharti (Doordarshan) for additional features and services on the existing WAVES OTT platform. The estimated order size is about Rs 63.15 crore including tax. It is a domestic service contract to be executed by 11 February 2029. The order is not a related party transaction and promoter group has no interest in the awarding entity.

Likely market impact

Positive: new government order from Prasar Bharti adds to RailTel's order book in OTT services, visibility through Feb 2029.