RailTel Shares Rise Over 2% After Securing ₹197 Crore SBI Order
RailTel Corporation of India shares rose 2.2% to an intraday high of ₹257.15 on Wednesday, October 14, after the PSU firm secured a ₹197.18‑crore order from State Bank of India. The contract, valued at ₹197.18 crore, covers the continuation of MPLS links to SBI DCDR and branches, along with P2P links across India, at revised rates. The five‑year term runs from April 1, 2026 to March 31, 2031.
RailTel also secured a second order this week, worth ₹48.98 crore, for developing 83 digital application modules under a comprehensive digital governance platform, along with resource deployment and integration with the existing ERP. The domestic contract is expected to be completed by May 10, 2027. This marks the second order of the week for the PSU firm, following the SBI contract.
At 12:50 PM, RailTel shares traded at ₹254.4, up 1.11% on the National Stock Exchange. From the start of the year, the stock has fallen 31%. Over the past month, it has risen 0.8%, while in the last six months it has dropped 24%. The 52‑week high was ₹391 on December 26, 2025, and the 52‑week low ₹245 on March 30, 2026 today.
RailTel Corporation of India Limited, founded in 2000, is a 'Mini Ratna' Category‑I public sector undertaking under the Ministry of Railway. It is one of the largest neutral telecom infrastructure providers in India, owning a pan‑India optic fibre network and primarily servicing telecommunication needs for Indian Railways. Its customer base includes government organisations, ministries, educational institutions, corporations, banks and NBFCs, and it maintains a strategic partnership with Indian Railways.
As of October 14, 2026, NSE data shows RailTel’s total market capitalisation at ₹8,179.12 crore. The article notes that it is written purely for informational purposes and should not be considered investment advice. Securities mentioned are illustrative and not recommendations; readers are advised to consult a financial advisor before making any investment decisions.