RailTel bags Rs 334.5 cr e-Office upgrade order from Ministry of Railways

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

RAILTEL · price

Loading chart…

▲ 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

-1.7%1-day move

₹323.30

prior close

₹316.30

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.8+0.8+0.6+0.3-1.7-3.2-5.1-4.6-1.8-2.6-6.6-10.8——

Up moveDown movePending

AI summary

RailTel Corporation of India has secured an order worth Rs 334.5 crore (excluding tax) from the Ministry of Railways. The contract involves upgrading e-Office instances of Zonal Railways and Administrative Units to version 7.x with mandatory use of DSCs and eSign. It is a domestic order to be executed over five years, by 22 June 2031. The promoter group has no interest in the awarding entity and it is not a related party transaction.

Likely market impact

Strengthens order book with a large government contract, likely supporting revenue visibility over the next five years for RailTel.