Railtel Corporation Of India Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF Explain this filing

RAILTEL · price

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▲ 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

-2.0%Reaction day

₹289.15

prior close

₹290.55

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-1.6% vs market

Telecom - Services peers, median of 16sector · industry level-1.2%-0.8% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Smallcap 250 and 0.8 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.0-0.4-1.6-1.2-0.8

Next day

-0.4-0.8+0.4-1.3+0.9

-3.9-3.4-0.4-4.6+0.7

-6.7-3.8-2.9-5.3-1.4

-5.6-3.2-2.4-4.0-1.6

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15d

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+15.7+12.1+3.5+10.5+5.2

+1.7+8.2-6.4+7.8-6.1

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 Corporation of India Limited has received a Letter of Intent (LoI) from Power Grid Corporation of India Limited (PGCIL), a domestic government-owned entity, for a services contract valued at approximately Rs. 115.20 crores (including tax). The contract is to be executed by 10 September 2034, giving it a long execution timeline of about 8.5 years. The order was received on 10 March 2026 at 6:43 PM. There is no related party interest, and the order was awarded at arm's length terms. The order is in the nature of services, likely related to telecom/IT services given Railtel's core business.

Likely market impact

This is a significant order win from a prestigious government PSU client, adding to Railtel's order book and providing long-term revenue visibility. The contract strengthens Railtel's position as a key digital infrastructure partner for India's power sector and should be viewed positively by shareholders.