RailTel bags Rs 33.78 cr IAAS order from IRCTC

Govt Defence OrderBusiness Updates View source PDF Explain this filing

RAILTEL · price

Loading chart…

▲ 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

-3.3%Reaction day

₹294.00

prior close

₹284.50

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.4%-3.7% vs market

Telecom - Services peers, median of 16sector · industry level+0.4%-3.8% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Smallcap 250 and 3.8 pts less 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

+0.0

10m

-0.0

15m

+0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.3+0.4-3.7+0.4-3.8

Next day

-0.7+1.8-2.5+1.1-1.8

-1.1+2.0-3.0+0.1-1.2

-1.5+2.7-4.2+0.3-1.8

-1.3+2.9-4.2-1.5+0.2

-1.7+2.9-4.6-0.4-1.3

-2.2+3.0-5.2-0.9-1.3

15d

-2.7+3.2-5.9-4.0+1.3

-5.8+3.0-8.8-4.7-1.1

-9.8-0.3-9.5-9.8-0.0

—————

UpDownMarket · Nifty Smallcap 250Sector · Telecom - Services peers, median of 16Pending

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

AI summary

RailTel Corp has secured a purchase order worth about Rs 33.78 crore (including tax) from IRCTC for Infrastructure as a Service. The contract runs for two years from commissioning, extendable by one more year, and is to be executed by 30 September 2029. The order is domestic with no promoter or related party interest.

Likely market impact

Positive order win from a government PSU, supports revenue visibility though order size is modest compared to RailTel's overall revenue base.