Railway stock jumps after receiving ₹48.77 Cr order from Mumbai Metro

Synopsis The shares of the company came into focus after it reported an order receipt of Rs. 48.77 crore from MMRDA.

The shares of this PSU, formed to create nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways is in focus after its order receipt from Mumbai Metropolitan Region Development Authority (MMRDA).

With the market capitalization of Rs.10,688.85 crore, Railtel Corporation of India Ltd’s share on Thursday made a day high of Rs. 337.85 per share, up by around 2 percent from its previous day’s close price of Rs. 331.5 per share. The share has given a return of 174.5 percent over a period of five years.

Significant Order:

Railtel Corporation of India Ltd has received a domestic project with order size of Rs.48.77 crore from MMRDA, for Design, Development and Implementation of Regional Information System for Mumbai Metropolitan Region and Urban Observatory at MMRDA, Mumbai, which is to be executed by December 28, 2027.

This order is one of the multiple orders the company has received.The total order book stood at Rs. 8,251 crore as of Q2 FY26, in which total order received in the current financial year is Rs. 3,317 crore as of September 30, 2025, which is higher than total order received during entire ‘24-25 and almost 3x of H1 of FY24-25.

About the company

RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. At present, RailTel’s network passes through around 6,000 stations across the country, covering all major commercial centers.

Financial Highlights, the revenue from operations grew by 13 percent to Rs. 951 crore in Q2 FY26 from Rs. 843 crore in Q2 FY25, where telecom segment contributed Rs. 367 crore and project segment contributed Rs.584 crores in the company’s operating income.

EBIT grew by 19 percent to Rs.154 crore in Q2 FY26 from Rs. 129 crore in Q2 FY25. Accompanied by Net profit growth by 5 percent YoY to Rs.76.1 crore in Q2 FY26 and EPS growth of 5 percent YoY to Rs.2.37 per share.

Written by Gourav Pratap Singh

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