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.
On the reaction day the stock moved 1.1 pts more than Nifty Smallcap 250 and 1.4 pts less than its Other Telecom Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Railtel has secured a work order from IIT Delhi for the supply, installation, testing, and commissioning (SITC) of underground optical fiber cable (OFC) from IIT Delhi to Sonipat Campus and from IIT Delhi to Greater Noida, along with a six-year annual maintenance contract. The total order value is Rs. 17,02,24,928 (approximately Rs. 17.02 crore). The cable laying work must be completed within 9 months, and the full contract period runs until February 24, 2032. The order is domestic and unrelated to promoters or group companies.
This is a relatively modest order (less than 1% of Railtel's likely annual revenue) and is unlikely to move the stock meaningfully on its own, but it reinforces Railtel's presence in government and institutional telecom infrastructure projects, supporting its order book visibility.