Announced Tue, 30 Jun · 19:47 IST
Railtel bags Rs 107.60 crore work order from Mahanadi Coalfields
RAILTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹308.45
prior close
₹311.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.9+0.4+3.1+2.1+2.1+0.7+0.9-3.1+0.0-5.8———
Up moveDown movePending
AI summary
Railtel has secured a work order worth Rs 107.60 crore (including tax) from Mahanadi Coalfields Limited, a Coal India subsidiary. The order involves setting up an MPLS VPN Network for MCL on a rental basis over 60 months, to be executed by June 2031. The order is domestic and not a related party transaction. Revenue will be recognized over the 5-year rental period, providing steady visibility.
Likely market impact
Adds to order book from a government PSU; steady 5-year rental revenue stream. Modest positive for stock.