7 months ago

RailTel Stock Falls 2.5% After ₹610-Core Order Cancellation

RailTel Stock Falls 2.5% After ₹610-Core Order Cancellation
PSU stock RailTel falls 2.5% on ₹610-crore order cancellation. Check details · livemint.com

RailTel Corporation is a company that works with the Indian railways.

Recently, they lost some big orders worth ₹609.56 crore.

These orders were for setting up smart classrooms in schools in Bihar.

Because of this, the price of RailTel's stock went down by 2.5%.

The company said the orders were cancelled for some unavoidable reasons.

So far in 2026, the stock has lost 9% of its value.

This means people are not as interested in buying the company's stock as before.

Key facts

Company
RailTel Corporation
Stock Decline
2.5%
Order Cancellation Value
₹609.56 crore
Project Type
Smart Classrooms in Bihar
Yearly Performance
9% loss in 2026

Sources

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