Railtel Corporation Of India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
RAILTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Railtel has received a Letter of Intent (LOI) worth Rs. 216.82 crore (including tax) from Bihar State Electronics Development Corporation Ltd (BSEDC), a state government entity. The contract is for implementing the 'Mukhyamantree Surakshit Sushaasit Shahar' (Safe City) project in Bihar. The order is domestic in nature, with an execution timeline extending up to August 4, 2030 (a 5-year period). The order was received on August 4, 2025, and there is no promoter group interest or related party involvement in the awarding entity.
This is a meaningful new order win for Railtel, strengthening its order book in the smart city/safe city segment. Given the size of the contract relative to Railtel's typical annual revenue, it should provide visible revenue support over the next 5 years and is mildly positive for the stock in the short term.