Archive · 19 Aug 2026

RailTel Shares Surge After ₹166.80-Crore EPFO Order Extension

RailTel Shares Surge After ₹166.80-Crore EPFO Order Extension

RailTel received permission to continue doing technology work for the Employees Provident Fund Organisation.

The new work order lasts for one more year.

It involves providing infrastructure services through technology systems and includes some extra parts.

The order is worth ₹166.80 crore, including taxes.

RailTel received it on August 17, 2026, and must complete the work by February 9, 2027.

Investors reacted positively, and RailTel’s share price rose sharply on August 19.

One report said it rose 5% early in the day, while another said it reached a 7.5% gain.

This was RailTel’s fourth announced order in August.

Even so, its shares had fallen 22% during 2026.

Sources