Rs 8,251 crore Order Book: This Navratna PSU Company Bags Rs 29,90,01,641 Security Services Contract From UP Police Recruitment Board

On Friday, shares of RailTel Corporation of India Ltd fell 2.83 per cent to Rs 278 per share from its previous closing of Rs 287.10 per share. The stock’s 52-week high is Rs 478.95 per share and its 52-week low is Rs 266 per share. The stock touched an Intraday high of Rs 285.80, which was about 0.45 per cent lower than its previous close.

RailTel Corporation of India Ltd, a Navratna PSU under the Ministry of Railways, has announced that it has secured a work order from the Uttar Pradesh Police Recruitment And Promotion Board.

The domestic contract is valued at Rs 29,90,01,641 (approximately Rs 29.90 crore), inclusive of Taxes. Under the agreement, RailTel will provide security-related ancillary services to support the board during its recruitment examinations.

According to the company’s disclosure, the work order was officially received on March 13, 2026. The project will be executed over a two-year period and is scheduled for completion by March 13, 2028. The contract is expected to provide RailTel with steady service-based revenue during the execution period while strengthening its role in delivering technology-backed examination and security solutions for government agencies.

In a regulatory filing with the National Stock Exchange (NSE) and BSE, RailTel clarified that the contract has been awarded by a domestic entity and does not fall under the category of related party transactions. The company also confirmed that its promoter or promoter group does not have any interest in the Uttar Pradesh Police Recruitment And Promotion Board.

This order highlights RailTel’s expanding presence beyond its traditional telecom infrastructure services. The company has increasingly positioned itself as an ICT solutions provider supporting various government departments in executing secure and efficient digital and examination-related operations.

RailTel is one of the largest neutral telecom infrastructure providers in India and a prominent ICT service provider. As a Navratna central public sector enterprise, the company operates an extensive optic fibre network across the country. It offers a wide range of services including broadband connectivity, data centre solutions, managed services, system integration, and digital services for government and enterprise clients.

The company has a market cap of over Rs 8,922 crore. The stock price has surged over 165.39 per cent in last 3 years. The stock is currently trading about 4.51 per cent above its 52-week low of Rs 266 per share.

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