Rs 6,616 crore order book: Navratna PSU Secures Major Order from BSNL Valued at Rs 166.38 Crores

DSIJ Intelligence-2Categories: Mindshare, Trendingjoin us on whatsappfollow us on googleprefered on google

Rs 6,616 crore order book: Navratna PSU Secures Major Order from BSNL Valued at Rs 166.38 Crores

The stock is up 51.20 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 314 per cent in 3 years

RailTel Corporation of India Ltd., a Navratna PSU under the Ministry of Railways, Government of India, announced today that it has secured a significant Advance Work Order (AWO) from Bharat Sanchar Nigam Limited (BSNL). The order, valued at Rs 1,66,38,00,000 (including tax), is for the provision of services and is categorized as a domestic contract. The work is expected to be completed by July 31, 2028.

The intimation, released today, August 1, 2025, was sent to both the National Stock Exchange of India Limited (NSE) and BSE Limited (formerly Bombay Stock Exchange).  The company confirmed that neither the promoter nor any promoter group or group companies have any interest in BSNL, and the transaction does not fall under related party transactions. 

About 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 11,300 crore. As of March 31, 2025, the company’s order book stands at Rs 6,616 crore. The stock is up 51.20 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 314 per cent in 3 years.

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