Announced Thu, 23 Jul · 20:01 IST
RailTel wins Rs 32.74 cr railway signaling order from North Central Railway
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
-0.1%1-day move
₹288.50
prior close
₹285.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6-0.0-0.0-0.5-0.1—————————
Up moveDown movePending
AI summary
RailTel has secured a Letter of Acceptance from North Central Railway worth Rs 32.74 crores including tax. The scope involves railway signaling work, specifically improving track circuit reliability by providing MSDAC alongside existing DCTC at 14 stations in the ALJN-DER section of Prayagraj Division. The order is domestic, with completion deadline set for January 23, 2028. There is no related party interest and no promoter group involvement.
Likely market impact
Positive - new government railway contract adds to order book. Size is modest relative to RailTel's overall revenue base of around Rs 2,700 crores.