RailTel Shares Climb After Securing Rs 288 Crore Order

saw its shares rise after announcing a significant new order win. The company has secured a Rs 288 crore contract from East Central Railway for various telecommunications and signaling works. This win adds to a string of recent successes for RailTel, including orders from the Bihar Education Project Council and North Frontier Railway. The company recently reported a nearly 5% year-on-year increase in net profit for the December 2024 quarter, reaching Rs 65 crore, with revenue also showing strong growth. Despite trading below its 52-week high, this latest order win signals positive momentum for RailTel.