Multibagger stock: Railtel Corporation of India Ltd. announced on Saturday, April 26, that it has secured a ₹90 crore work order from the Institute of Road Transport, according to the exchange filing.
The Institute of Road Transport tender order value is determined to be ₹90,08,49,783 or more than ₹90 crore.
“This is to inform that RailTel Corporation of India Ltd. has received the work order from the Institute of Road Transport for work order amounting to Rs. 90,08,49,783 (Including Tax),” said the company in the BSE filing.
The order update states that the Railtel Corp will be responsible for designing, developing, supplying, implementing, operating, and maintaining the enterprise resource planning system (ERP) for MTC Ltd in Chennai, TNSTC in Coimbatore and TNSTC in Madurai.
According to the filing data, the company is expected to finish the contract by October 18, 2026.
Earlier in March 2025, RailTel shares‘ price jumped over 9 per cent after the company secured a nearly ₹25 crore order from Hindustan Petroleum Corporation Limited.
“RailTel Corporation of India Ltd has received the work order from Hindustan Petroleum Corporation Limited for amounting to ₹25,15,24,500/- (excluding Tax),” according to the Mint report.
Railtel Corporation of India Share Price
Railtel Corporation of India shares closed 4.57 per cent lower at ₹301.60 after Friday’s stock market session, compared to ₹316.05 at the previous market close. The company announced the order book update on Saturday, April 26.
Railtel Corp shares have given stock market investors more than 148 per cent returns on investment in the last five years. However, the stock has lost 25.24 per cent in the last one-year period.
On a year-to-date (YTD) basis, the PSU stock has lost 25.52 per cent in 2025. The company’s market capitalisation was at ₹9,679.50 crore as of market close on Friday, April 25.
The shares hit their 52-week high level at ₹618 on July 12, 2024, while the 52-week low level was at ₹265.30 on February 3, 2025, according to data collected from the BSE website.
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