Railtel shares experienced a surge of over 3 percent on December 22 following the company’s successful bid for a substantial work order worth Rs 66.83 crore from NF Railway Construction.
The awarded contract encompasses the supply, installation, testing, and commissioning of an integrated tunnel communication system, emergency call arrangements within tunnels, and the implementation of an Integrated Passenger Information System (IPIS) at stations in the Bhairabi – Sairang New Single line Section of the Lumding Division.
According to Railtel’s regulatory filing, the stipulated timeline for the execution of this order is within one year from the date of the Letter of Acceptance (LOA). As of 3:01 PM, the company’s shares were trading 1.87% higher at ₹297.00. This development marks a significant milestone for Railtel, further solidifying its position in the railway communication and infrastructure domain.
