RailTel bags Rs 13.6 cr DigiThane platform order from Thane MC

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RAILTEL · price

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

+0.5%Reaction day

₹306.80

prior close

₹308.65

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.6%-0.0% vs market

Telecom - Services peers, median of 17sector · industry level+0.4%+0.1% vs sector

On the reaction day the stock moved in line with Nifty Smallcap 250 and 0.1 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.5+0.6-0.0+0.4+0.1

Next day

+3.5+1.0+2.5+0.7+2.8

+2.6+2.1+0.6+0.3+2.3

+2.7+2.1+0.5+0.9+1.7

+1.2+2.6-1.4+0.4+0.8

+1.5+1.9-0.4-1.3+2.8

-0.7+1.5-2.2+0.6-1.4

15d

-4.0+2.7-6.7-0.2-3.8

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-9.7+4.3-14.0-5.8-4.0

-13.6+1.0-14.6-13.9+0.4

UpDownMarket · Nifty Smallcap 250Sector · Telecom - Services peers, median of 17Pending

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

AI summary

RailTel has secured a Letter of Intent from Thane Municipal Corporation valued at Rs 13.6 crore (including tax) to develop, upgrade, implement, operate and maintain the DigiThane Citizen Engagement Platform over 10 years until June 2036. It is a domestic order from a civic body with no promoter or related party interest. This adds to RailTel's growing e-governance portfolio.

Likely market impact

Positive for order book; long 10-year contract offers steady revenue visibility. Order size is modest relative to RailTel's overall business.