Corporate Actions

RailTel jumps 0.75% after securing Rs 18.99 crore IT infrastructure and cybersecurity contract

17-Oct-26   13:55 Hrs IST

Railtel Corporation of India Ltd. is up 0.75% to Rs 255.4, extending recent gains that include a 2.92% increase over the last one week.

RailTel Corporation of India Ltd. announced it has secured a purchase order from Health Insurance TPA of India Ltd. for IT infrastructure and cybersecurity solutions, with a total order size of Rs 18,99,03,173 (including tax), to be executed by 16-OCT-29. The order, awarded on 16-OCT-26, is a domestic, non-telecom contract and does not involve any related party transactions or interest from promoters, promoter groups, or group companies.

Railtel Corporation of India Ltd. shares saw a trading volume of 4.7 lakh today, a decrease of 32.56% from the average volume over the past week. Railtel Corporation of India Ltd. plunged 31.48% year-over-year, underperforming the NIFTY50 index's 9.53% loss.

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