Rs 7,197 crore order book: Navratna PSU receives order worth Rs 18,57,11,821 from Airports Authority of India

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Rs 7,197 crore order book: Navratna PSU receives order worth Rs 18,57,11,821 from Airports Authority of India

The stock is up by 40 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 270 per cent in 3 years.

RailTel Corporation of India Ltd. has received a domestic work order from the Airports Authority of India for Telecom - MPLS services, valued at Rs. 18,57,11,821 (including tax). This contract involves providing MPLS-VPN Services at AAI Airports/offices and is slated for execution by August 31, 2030.

Earlier, the company was 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.

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.

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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 by 40 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 270 per cent in 3 years.

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