RailTel Receives ₹90 Crore Order from Institute of Road Transport; Share Price Surge Expected
Railway Stock: Investors are keenly watching RailTel Corporation's stock today following the company's receipt of a substantial ₹90 crore order from the Institute of Road Transport. While the company's shares experienced a decline on Friday, this new order has sparked investor optimism for a potential price surge in today's market.
RailTel's New Project
RailTel Corporation announced on the BSE that it has received a work order worth ₹90 crore from the Institute of Road Transport. Under this order, the company will be responsible for the design, development, supply, operation, and maintenance of an Enterprise Resource Planning system (ERP) in Chennai, Coimbatore, and Madurai. The project is slated for completion by October 18, 2026.
Previous Large Order Received
In March 2025, the company received a ₹25 crore order from Hindustan Petroleum Corporation Limited, which resulted in a more than 9 percent increase in its share price.
RailTel Share Performance Fluctuations
RailTel's 52-week high stands at ₹617.80, while its low was ₹265.50. On Friday, the company's shares closed down 4.81 percent at ₹301. However, over the past five years, the company's shares have delivered a remarkable 148 percent return to investors, although it experienced a 24.59 percent decline in the past year.
A Golden Opportunity for Investors
Given RailTel's growing projects and new orders, its shares could be a significant attraction for investors in today's market. If you are considering investing in the stock market, RailTel's shares may present a compelling option.
