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RailTel Shares Soar on New Order Wins
20 Aug
Summary
- RailTel's stock surged 7.5% to ₹297.60 following a new order.
- A one-year extension for an EPFO work order is valued at ₹166.80 crore.
- The company has secured four orders totaling over ₹370 crore in August.
RailTel Corporation of India's stock experienced a notable recovery on Wednesday, August 19, 2026, climbing 7.5% to reach ₹297.60. This upward movement follows the announcement of a significant order extension.
The company confirmed it received a one-year extension for a work order from the Employees' Provident Fund Organisation (EPFO), with execution expected by February 2027. This valuable contract is worth ₹166.80 crore.
This marks RailTel's fourth order win in August 2026. Earlier this month, the company secured a ₹63.00 crore order from Deendayal Port Authority for an Integrated Gate Automation System and an ₹119.19 crore order from the Department of Posts for cloud services.
Additionally, RailTel received a Letter of Acceptance worth ₹37.67 crore from North Western Railway for a train collision avoidance system. These cumulative wins bolster RailTel's order pipeline, offering revenue visibility. Despite these successes, the stock has seen a 22% decline year-to-date in 2026 and an 8% drop in 2025.
