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SASI KUMAR SEBI RA

17th Sep · SEBI-Registered Analyst

RailTel Bags Rs 57.48 Crore Contract for Smart Classrooms in Bihar

RailTel Corporation of India, a government-owned company, has received a new contract worth Rs 57.48 crore from the Bihar State Educational Infrastructure Development Corporation. This project is for setting up hybrid smart classrooms and ICT labs in colleges and universities under the PM-USHA scheme. The work has to be completed by March 16, 2026. This is not the only order RailTel has bagged recently. Just this month, the company received: • Rs 209.78 crore order from Bihar Education Project Council (for smart classrooms in schools). • Rs 32.51 crore project from Panvel Municipal Corporation. • Rs 70.94 crore project from Nashik Municipal Smart City Development Corporation. • A very large Rs 262 crore order from Bihar Education Project Council for procurement and installation of smart classrooms in Government Middle Schools, to be completed by March 31, 2026. On the stock market side: • The share last closed at Rs 396.70, slightly down by 0.74%. • In the past year, it touched a high of Rs 484.00 and a low of Rs 265.30. • Currently, the stock is trading about 18% below its high but 50% above its low. • RailTel’s market value (market cap) stands at Rs 12,732 crore. Why this matters: Winning back-to-back contracts shows strong business momentum for RailTel, especially in the education and smart city sectors. These orders will bring steady revenue in the coming years and keep investor focus on the stock.

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