RailTel Secures ₹970 Crore Bihar Education Project Contract; Stock Performance Mixed
By Shishta Dutta | Published at: Sep 26, 2025 05:57 PM IST
New Delhi, September 26, 2025 – RailTel Corporation of India Ltd (NSE: RAILTEL, BSE: 543265) has announced that it has received a significant order of ₹970.08 crore from the Bihar Education Council. The project requires setting up Physics, Chemistry, and Biology labs in government schools under the state government’s ambitious Samagra Shiksha 2025-26 programme.
On Friday, the stock performed rather flat and moved sideways throughout the day before closing at ₹380 (0.16% lower from the previous day’s closing price).
Details of the Order
The Bihar Education Project Council has awarded RailTel a turnkey project for setting up state-of-the-art laboratories for Physics, Chemistry, and Biology. The project is worth ₹970.08 crore and includes domestic supply and execution. The project commences immediately and will run for a total duration of one year.
Stock Price Movement
The stock has maintained positive momentum in the past three years (gaining 260% in the period). There was no significant change in trading volumes or the stock price following this announcement. It traded flat and closed at ₹380 per share with a high-low ratio of ₹389.80 and 372.40. Despite today’s performance, the stock has managed to gain nearly 24% in the past six months.
RailTel Corporation of India Limited is one of the major PSUs in India governed by the Ministry of Railways and is one of the largest neutral telecom infrastructure providers in the country. The company is listed on both major exchanges and has undertaken numerous digital transformation projects for the state and central governments, as well as top enterprises in various sectors.
REF: https://nsearchives.nseindia.com/corporate/RAILTEL_26092025095905_Railtel_Order_Book_Company_Rep_260925.pdf
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