RailTel secures Rs 657.06 crore Gujarat education lab order

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AI summary

RailTel received a domestic work order from Gujarat's Sarva Shiksha Abhiyan Education Department to design, install and maintain an LBD educational lab. It is worth Rs 657.06 crore and must be executed by November 8, 2028. It is not a related-party transaction.

Likely market impact

The large, multi-year order may add revenue and improve order visibility, but no margin or payment details were provided.