RailTel share price surged by more than 11% on Wednesday, April 15, following the receipt of three orders totaling ₹608.51 crore.
The firm has obtained two Letters of Acceptance (LoA) from RVNL for the Supply, Installation, Testing, and Commissioning (SITC) of Integrated Tunnel Communication Systems, with an overall order value of ₹564.54 crore.
Furthermore, RailTel has secured a work order worth ₹43.96 crore from the Uttar Pradesh Police Recruitment and Promotion Board to offer security-related ancillary services during recruitment exams.
Both projects are expected to be completed by April 12, 2028. However, in another update, the Navodaya Vidyalaya Samiti has retracted a work order valued at ₹17.12 crore due to unavoidable administrative issues.
(more to come)