Stock in Focus: Telecom infrastructure provider RailTel Corporation of India Ltd has received a new order from Karnataka’s Center for e-Governance (CEG). This is for the purchase of back-to-back OEM support for KSWAN 2.0 routers and switches.
The value of this order is approximately ₹18.22 crore and is to be completed by November 8, 2025. The company said the order has been placed by a domestic entity and RailTel’s promoters or promoter group have no interest in CEG.
Work in Nashik and Panvel projects also
Last month i.e. in September, RailTel had received a contract worth ₹70.94 crore from Nashik Municipal Smart City Development Corporation Ltd. The project will be completed by December 31, 2026 and includes supply, laying, installation, testing, commissioning, operation and maintenance services of Nashik and Trimbakeshwar city network backbone.
Apart from this, the company has also received an order worth ₹32.51 crore from Panvel Municipal Corporation. The contract will be completed by March 19, 2031 and covers supply, installation and providing services of connectivity (SDWAN-based Internet Lease Line/MPLS Line) at various locations under the Panvel Safe City Project.
Status of RailTel shares
Shares of RailTel Corporation on Thursday closed at Rs 384.00, down 1.78%. This stock has given a return of 34.78% in the last 6 months. However, RailTel shares have given a return of 7.63% in 1 year. Its market cap is Rs 12.32 thousand crore.
What is the business of RailTel?
RailTel Corporation is a mini-ratna company of the government, which provides railways and telecom services across the country. It lays optical fiber networks, providing data and broadband connectivity. Also, it provides digital and IT infrastructure solutions to government and private institutions.
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