Rs 7,197 crore order book: Navratna PSU receives order worth Rs 2,16,81,59,197 from Bihar State Electronics Development Corporation Ltd

DSIJ Intelligence-1 / 05 Aug 2025/ Categories: Mindshare, Trending

Rs 7,197 crore order book: Navratna PSU receives order worth Rs 2,16,81,59,197 from Bihar State Electronics Development Corporation Ltd

The stock is up over 40 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 275 per cent in 3 years.

RailTel Corporation of India Ltd has been awarded a significant domestic project after receiving a Letter of Intent (LOI) from the Bihar State Electronics Development Corporation Ltd. The project, valued at Rs 2,16,81,59,197 (including tax), involves the "Implementation of Mukhyamantree Surakshit Sushaasit Shahar (Safe City)". The company is expected to execute this project by August 4, 2030.

Earlier, the company secured a significant domestic advance work order from Bharat Sanchar Nigam Limited for services totalling Rs 1,66,38,00,000 (including tax). This contract, awarded by a domestic entity, involves the provision of services as per the Advance Work Order (AWO) and is slated for execution by July 31, 2028.

DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, download the service details here.

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 11,000 crore. As of June 30, 2025, the company’s order book stands at Rs 7,197 crore. The stock is up over 40 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 275 per cent in 3 years.

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