Archive · 8 Jan 2026
RailTel Wins Rs 102 Crore Order
RailTel, a big company that helps with telecom stuff, just got a new job worth Rs 102 crore.
They have to set up and manage some computer stuff for the government.
Even though they got this big job, their stock price went down a little.
The company is really important because it has a lot of fiber optic cables all over India.
Their stock has been up and down a lot lately, but it's not too high or too low right now.
They have to finish this new job in five years.
RailTel won a Rs 102 crore order from PFMS for IT infrastructure services.
Shares of RailTel dropped 3.55% to Rs 355 on BSE.
The order is to be completed over a period of five years.
RailTel is a Navratna PSU and a major telecom infrastructure provider in India.
The stock has a one-year beta of 1.4, indicating high volatility.
- Who
- RailTel Corporation of India
- What
- Won a Rs 102 crore order from PFMS
- When
- Order received on Thursday
- Where
- India
- Why
- To supply and provide services for IT infrastructure
- Order Value
- Rs 102 crore
- Client
- Public Financial Management System (PFMS)
- Stock Price Drop
- 3.55%
- Market Cap
- Rs 11,449 crore
- Order Completion Time
- 5 years
- Company Type
- Navratna PSU
- Stock Beta
- 1.4
- RSI
- 58.8