RailTel Corporation of India’s stock jumped 6% on March 21, 2025, after the company secured a significant order from the Ministry of Defence for optical fiber cable (OFC) laying work. The contract, valued at Rs 16.89 crore, is set for completion by March 17, 2026.
The announcement was made on March 20, 2025, post-market hours, sparking investor enthusiasm. RailTel, a Navratna PSU, is among India’s largest telecom infrastructure providers, boasting a pan-India optic fiber network that enhances connectivity across urban and rural regions.
This fresh order strengthens RailTel’s position in the telecom infrastructure space, reinforcing its role in national projects. Investors are optimistic about the company’s growth trajectory, given its consistent involvement in government-led initiatives.
RailTel Corporation shares reached an intraday high of ₹315.95 and a low of ₹295.35. The stock opened at ₹298.90, reflecting market volatility. RailTel’s 52-week range stands between ₹617.80 (high) and ₹265.50 (low).
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