Announced Wed, 17 Jun · 16:25 IST
Railtel secures Rs 52.57 crore Disaster Recovery IT infrastructure order from MeitY
RAILTEL · price
▲ 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
-1.2%1-day move
₹323.90
prior close
₹327.25
base price
After-mkt
timing
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Up moveDown movePending
AI summary
Railtel Corporation of India received a Letter of Intent from Director IT for supply, installation, integration and commissioning of Disaster Recovery IT Infrastructure at a MeitY empaneled CSP Data Center, including 5 years of operation and maintenance. The order is valued at around Rs. 52.57 crore inclusive of tax and is to be executed by January 12, 2027.
Likely market impact
Positive - new domestic government order adds to order book; size is modest relative to annual revenue but extends visibility with 5 year O&M scope.