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RAILTEL
poration of India’s share price jumped 3% to Rs 426.00 on Tuesday, driven by a significant order win from East Central Railway worth Rs 264.07 crore. The contract involves implementing Kavach, an indigenous Train Collision Avoidance System, across 607 route kilometers of low-density railway tracks, with completion slated for July 14, 2027. This order underscores RailTel’s growing role in enhancing railway safety and digital infrastructure.
The Navratna PSU has been on a winning streak, securing multiple contracts this month. Earlier, RailTel bagged a Rs 10.27 crore tender from Indian Overseas Bank, a Rs 17.47 crore project from the General Administration Department (GAD), Chhattisgarh, for network connectivity and communication infrastructure, and a Rs 96.99 crore Letter of Intent from Central Warehousing Corporation for smart warehousing systems. These orders, totaling over Rs 130 crore in July, bolster RailTel’s robust order book, which stood at Rs 6,616 crore as of May 2025.#WatchOutFor#FundamentalViews#StockInNews
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