RailTel Bags ₹20 Cr Order from Himachal Pradesh; Shares Climb Over 2%

Synopsis: RailTel Corporation of India Ltd. has secured a major work order worth approximately Rs. 20.35 crore from the Directorate of Higher Education, Himachal Pradesh. The project involves establishing a centralized MIS dashboard for higher education institutions, triggering a positive reaction in the company’s stock price during Tuesday’s trade.

In a regulatory filing dated April 28, 2026, RailTel Corporation of India Ltd. informed the exchanges that it has received a Letter of Acceptance (LoA) from the Directorate of Higher Education, Himachal Pradesh. The domestic contract is valued at Rs. 20,35,24,096 (including taxes).

Under the terms of the agreement, RailTel will be responsible for the establishment of a MIS-Central Dashboard System for Higher Education Institutions (HEIs) across Himachal Pradesh.

The digital infrastructure project is set to enhance data management and offer real-time data analytics for the state’s education department. The project has a long-term execution and maintenance schedule with a completion target of April 27, 2031. The contract continues to bolster RailTel’s reputation as a key player for state government digital transformation projects.

Following the Rs. 20 crore order win, RailTel shares climbed 2.35% to Rs. 331.40, reaching an intraday high of Rs. 338.76 on April 28, 2026. This surge reflects positive sentiment ahead of the company’s April 30 board meeting. Currently valued at a market cap of Rs. 10,627.23 crore with a 32.68 P/E ratio, the stock has shown a resilient recovery from its March low of Rs. 245.00, supported by a healthy 31.86% delivery rate.

About the Company

RailTel Corporation of India Limited is a “Miniratna” Central Public Sector Enterprise and is one of the largest neutral telecom infrastructure providers in the country. Originally incorporated to modernize the existing telecom system for train control, operation, and safety, RailTel has expanded its footprint into providing nationwide broadband and multimedia networks. Its service portfolio includes MPLS-VPN, leased lines, data center services, and specialized ICT projects for various government departments and private enterprises.

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