Rs 6,616 crore order book: Navratna PSU bags order worth Rs 2,64,06,97,427 from East Central Railway

DSIJ Intelligence-2 / 15 Jul 2025/ Categories: Mindshare, Trending

Rs 6,616 crore order book: Navratna PSU bags order worth Rs 2,64,06,97,427 from East Central Railway

The stock is up 63.51 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 370 per cent in 3 years.

RailTel Corporation of India Ltd., a Navratna PSU, announced today, July 14, 2025, that it has secured a substantial work order from East Central Railway. The contract, valued at an impressive Rs 2,64,06,97,427 (including tax), is for the provision of the 'Kavach' system, India's indigenous Train Collision Avoidance System.

The work order specifically involves the implementation of the Kavach system on a low-density railway track spanning 607 RKm within the East Central Railway zone. This domestic contract signifies a crucial step in enhancing railway safety and operational efficiency in India. 

DSIJ's ‘Mid Bridge’ service recommends well researched Mid-Cap stocks for smart investing. If this interests you, download the service details here.

The execution period for this significant project is set until July 14, 2027

About the Company

Established in 2000, RailTel Corporation of India Ltd (RCIL) is a "Navratna" public sector enterprise under the Indian government, offering diverse telecom services including broadband, VPN, and data centres. With its extensive network spanning over 6,000 stations and 61,000+ km of fibre optic cables, RailTel reaches 70 per cent of India's population. This achievement has led to the prestigious "Navratna" status conferred by the Department of Public Enterprises, Ministry of Finance. This recognition underscores RailTel's substantial contributions to the Indian economy and its position as a leading force in telecommunications and information technology. The "Navratna" status empowers RailTel with greater autonomy, financial flexibility, and the capacity for larger investments, propelling it towards innovation and sustained growth.

The company has a market cap of over Rs 13,000 crore. As of March 31, 2025, the company’s order book stands at Rs 6,616 crore. The stock is up 63.51 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 370 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.