Shares of climbed sharply on Wednesday morning after the state-owned telecom infrastructure company disclosed multiple significant work orders, including two large tunnel communication contracts and a cancellation notice.
By 11.35 am, RailTel stock was trading at ₹321.77 on the NSE, up ₹37.39 or 13.15 per cent from its previous close of ₹284.38. The stock opened at ₹300.03 and hit an intraday high of ₹325.80. Traded volume stood at 320.88 lakh shares with a traded value of over ₹1,024 crore, indicating heavy participation. Market capitalisation stood at approximately ₹10,325 crore.
The company bagged two back-to-back work orders from Rail Vikas Nigam Limited (RVNL), both received on April 13, 2026. Package 1 covers the supply, installation, testing and commissioning (SITC) of integrated tunnel communication systems across Tunnels T-1 to T-7, spanning 42.7 km, valued at approximately ₹309.28 crore including taxes. Package 2 covers Tunnels T-8 to T-11 across four stations over 36 km, valued at approximately ₹255.27 crore. Both contracts are to be executed by April 2028. Together, the two RVNL orders aggregate to roughly ₹564.55 crore.
A third order from Uttar Pradesh Police Recruitment and Promotion Board, worth ₹43.96 crore, involves providing security-related ancillary services during recruitment examinations, also received April 13.
The company separately disclosed the cancellation of a previously announced ₹17.13 crore IT infrastructure order from Navodaya Vidyalaya Samiti, citing unavoidable administrative circumstances on the client’s side.
The stock has outperformed over a three-year horizon, delivering 209.61 per cent returns against the Nifty 500’s 50.88 per cent. Its 52-week high stands at ₹478.95, hit in June 2025, while its 52-week low of ₹245 was touched just two weeks ago on March 30.