RailTel Shares Jump 4.6% After ₹145 Cr Eastern Coalfields Order Win

Synopsis: RailTel Corporation of India has won a major contract worth Rs. 145.47 crore from Eastern Coalfields. This project, which will last until 2031, has led to a positive response in the stock market, with shares rising over 4% in early trading.

RailTel announced on April 28, 2026, that it has received a Letter of Acceptance from Eastern Coalfields for a project valued at Rs. 145.47 crore. This comprehensive digital mandate requires RailTel to provide critical infrastructure services including MPLS-VPN, Internet Leased Lines, Video Conferencing, and Managed Bandwidth Services.

The project is designed as a long-term partnership with a slated completion date of May 2, 2031, further solidifying RailTel’s role in modernizing the digital backbone of India’s major public sector enterprises.

This new order follows a solid fiscal performance. In Q3 FY26, RailTel reported an impressive 18.99% year-on-year increase in revenue from operations, which rose to Rs. 913.45 crore.

Although the standalone net profit saw a slight drop of 4.07% to Rs. 62.40 crore compared to the previous year, the steady stream of high-value contracts continues to boost the company’s growth. RailTel remains a significant player in telecom infrastructure, consistently using its nationwide fiber network to manage margin challenges with higher volume.

The market responded favorably to the contract announcement during the early session on April 28, 2026. Shares of Railtel Corporation of India surged upto 4.6% to trade at Rs. 338.76, recovering significantly from a recent 52-week low of Rs. 245.00.

With a total market capitalization stands at Rs. 10,676 crore, the company continues to demonstrate high delivery-based buying interest as it scales its “Miniratna” operations.

About the Company

Incorporated in 2000, RailTel Corporation of India was established to modernize train control and safety systems through a nationwide broadband and multimedia network. As one of the largest neutral telecom infrastructure providers in India, it manages a vast optic fiber network that covers both urban commercial hubs and rural regions, serving a diverse clientele across the government and private sectors.

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