Rs 7,197 Crore Order Book: Navratna PSU Stock Bags Major Order Worth Over Rs 18 Crore from Dredging Corporation of India

DSIJ Intelligence-2 / 22 Sep 2025/ Categories: Mindshare, Trending

Rs 7,197 Crore Order Book: Navratna PSU Stock Bags Major Order Worth Over Rs 18 Crore from Dredging Corporation of India

The stock is up by 55.7 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 285 per cent in 3 years.

RailTel Corporation of India Ltd., a Navratna public sector undertaking, announced today that it has secured a significant work order from Dredging Corporation of India Limited. The contract, valued at Rs 18,06,20,011 (including tax), was officially received on September 20, 2025.

The project involves the "Provision of Seamless Offshore Internet for DCI vessels & ICCC". This contract is a domestic order, awarded by a domestic entity. RailTel is tasked with completing the work by January 18, 2026.

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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 12,000 crore. As of June 30, 2025, the company’s order book stands at Rs 7,197 crore. The stock is up by 55.7 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 285 per cent in 3 years.

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