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As on : 14-Oct-2026
Hot Pursuit
14-Oct-2026     11:43

RailTel jumps 0.97% after securing Rs 197.18 crore, 5-year contract from State Bank of India

Railtel Corporation of India Ltd. is up 0.97% to Rs 254.05, though the stock has declined recently, slipping 0.24% over the last one week.

RailTel Corporation of India Ltd. announced it has secured a purchase order from State Bank of India for Rs 1,97,17,77,622 (excluding tax) to continue MPLS Links to SBID-DR and Branches along with P2P links across India at revised rates. The contract, awarded domestically, will be executed over a period of 5 years, commencing April 1, 2026, and concluding on March 31, 2031. The company received the work order on October 13, 2026.

Railtel Corporation of India Ltd. shares saw a trading volume of 5.37 lakh today, a significant increase of 69.22% compared to the average volume over the last one week. Railtel Corporation of India Ltd. has plunged by 30.50% year-over-year, underperforming the NIFTY50 index's loss of 9.93%.

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