MediumPositive
Announced Wed, 1 Jul · 11:59 IST
RailTel share price rallies 5.5% on new order win worth ₹108 crore . Do you own?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
RailTel Corporation of India share price rallied 5.57% to around Rs 325 apiece on NSE after the company secured a domestic order worth about Rs 107.61 crore from Mahanadi Coalfields, a subsidiary of Coal India, to set up an MPLS VPN network on a rental basis for 60 months ending June 2031. The company also recently bagged a Rs 13.60 crore order from Thane Municipal Corporation and a Rs 27.06 crore contract from the Goa Labour Welfare Board. For Q4 FY26, RailTel reported a 25% year-on-year rise in consolidated net profit to Rs 142 crore on 28% revenue growth to Rs 1,669 crore, with the board recommending a final dividend of Rs 1.25 per share.