Shares of Railtel Corporation of India Ltd surged over 12% on April 15, 2026, after the company announced it had received a Letter of Acceptance from Rail Vikas Nigam Limited for the supply, installation, testing, and commissioning of integrated tunnel communication systems across a section length of 42.7 kilometres.
The stock opened at ₹300.03, against a previous close of ₹284.38. It touched a day low of ₹300.03 and a day high of ₹319.50. The 52-week low stands at ₹245.00 and the 52-week high at ₹478.95. Live volume at the time of reporting stood at 96,98,250 shares. The stock was trading up 12.17% at the time of reporting.
According to the regulatory filing, Railtel has received a Letter of Acceptance from Rail Vikas Nigam Limited for a project involving the supply, installation, testing, and commissioning of integrated tunnel communication systems. The scope of work includes the deployment of a VHF Simplex System, CCTV System, PA System, and Emergency Call Points across tunnels and stations, covering a total section length of 42.7 kilometres.
The project is valued at approximately ₹309.28 crore, inclusive of taxes, and is expected to be executed by April 12, 2028. The work order was officially received on April 13, 2026. Railtel confirmed that there is no interest from its promoter group in Rail Vikas Nigam Limited and that the contract does not fall under related party transactions.
Railtel Corporation of India Ltd is a Mini Ratna public sector undertaking under the Ministry of Railways, Government of India. The company owns and operates one of India’s largest neutral telecom infrastructure networks along railway tracks, and provides a range of services including broadband, data centre, and managed services. It is listed on both BSE and NSE.
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