Announced Tue, 5 May · 14:26 IST

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

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RAILTEL · price

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▲ 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
+1.8%1-day move
₹337.50
prior close
₹339.55
base price
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AI summary

Railtel Corporation of India has received a Letter of Intent (LoI) from the Additional Commissioner for Transport, Enforcement (South), dated 04 May 2026. The order is for an ITMS (Intelligent Traffic Management System) Project for the Transport Department, Government of Karnataka. The estimated order size is Rs. 49,67,21,000 (approximately ₹49.67 crore, including tax). The project is to be executed by 03 November 2026. This is a domestic order awarded by a Karnataka government entity, with no related party or promoter interest involved.

Likely market impact

This is a meaningful contract win for Railtel, adding to its order book in the IT/digital infrastructure space. The ~₹50 crore deal represents a moderate-sized project and could support near-term revenue visibility, though the overall stock impact would depend on Railtel's total revenue base relative to this order size.