RailTel Corporation of India saw its share price rise more than 6% in the morning of August 19. The jump came after the company announced a new work order worth ₹166.80 crore, including taxes, from the Employees’ Provident Fund Organisation (EPFO). At 09:18 am, the stock traded at ₹295.00, up ₹17.85 from the previous close.
The EPFO order extends RailTel’s existing Infrastructure‑as‑a‑Service contract for another year. The new work will be delivered by February 9, 2027, providing steady revenue for the telecom infrastructure firm.
Earlier in the month, RailTel secured a ₹63 crore order from the Deendayal Port Authority, excluding taxes. This additional contract adds to the company’s growing portfolio of government projects.
In the quarter ended June 2026, RailTel posted a net profit of ₹66 crore, unchanged from the same period a year earlier. Revenue rose 20.1% to ₹893.2 crore, up from ₹743.8 crore in the prior year.
Shares closed at ₹277.15 in the previous session, a decline of 0.98%. The stock has hit a 52‑week high of ₹413.10 and a low of ₹244.95, placing it 32.91% below the high and 13.15% above the low.
RailTel’s market capitalisation stands at about ₹8,894.81 crore, reflecting its position as a key player in India’s telecom infrastructure sector. Investors are watching the company’s contract wins and earnings growth as indicators of future performance.
With the EPFO order and other government contracts, RailTel is positioned to benefit from the growing demand for digital connectivity across India. The recent share price rally underscores market confidence in the company’s long‑term prospects.