Railtel bags Rs 18.54 crore order from UP govt for Atal Tinkering Labs

Govt Defence OrderBusiness Updates View source PDF Explain this filing

RAILTEL · price

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

+1.3%Reaction day

₹304.50

prior close

₹307.80

announcement price

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Nifty Smallcap 250market+1.4%-0.0% vs market

Telecom - Services peers, median of 17sector · industry level+0.5%+0.8% vs sector

On the reaction day the stock moved in line with Nifty Smallcap 250 and 0.8 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.

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Next day

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AI summary

Railtel Corporation has secured a work order worth Rs 18,53,66,820 (about Rs 18.54 crore including tax) from the Information Technology and Electronics Department of Uttar Pradesh. The scope covers design, installation and maintenance of educational labs, including supply and installation of hardware, teacher training and commissioning of Atal Tinkering Labs in schools under the UP Secondary Education Department. The contract must be executed by 17 November 2027. No promoter or related party interest is involved in the awarding entity.

Likely market impact

Adds about Rs 18.54 crore to the order book, small relative to Railtel revenue but reinforces government business pipeline.