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RailTel Corporation jumps after winning ₹86 crore BMC contract

News by Aliceblue News Desk

21 Apr 2026

RailTel Corporation jumps after winning ₹86 crore BMC contract

Introduction

Leading telecom infrastructure firm received Letter of Acceptance from BMC for cloud services project worth Rs 86.36 crore, with execution deadline set for June 5, 2029.

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Share price movement of RailTel

On April 21, 2026, RailTel Corporation of India Ltd opened at ₹328.45, up 0.51% from its previous close of ₹326.80. The stock reached a high of ₹332.30 (1.68%) and a low of ₹327.45. By 12:39 PM, it traded at ₹328.00, a 0.37% increase, with a market cap of ₹10,526.78 crore.

RailTel Wins ₹86 Crore BMC Deal 

RailTel Corporation of India Ltd received a Letter of Acceptance from Municipal Corporation of Greater Mumbai for a cloud services project involving provisioning, configuration, testing, commissioning, operations, and maintenance.

The domestic order, classified as a customer project, has an estimated value of Rs 86.36 crore including taxes and is scheduled for execution by June 5, 2029.

Stock performance of RailTel for period of 1 week, 6 months, and 1 year

RailTel Corporation of India Ltd delivered a 1-week return of 14.7%, a 6-month return of -11.8%, and a 1-year return of 3.14%.

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Shareholding pattern of RailTel

ParticularsMar 2026Dec 2025Sep 2025
Promoter72.80%72.80%72.80%
FII3.70%3.70%3.50%
DII1.00%0.80%0.80%
Public22.40%22.60%22.80%

About RailTel

RailTel Corporation of India Ltd (NSE: RAILTEL) is a Navratna PSU that provides broadband, VPN, telecom, and multimedia network services across around 6,000 railway stations nationwide.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is RailTel Corporation of India Ltd share price rising today?

A: RailTel Corporation of India Ltd share price rises after securing Rs 86.36 crore BMC cloud services contract with execution deadline June 5, 2029.

Q: What is RailTel Corporation of India Ltd’s main business focus?

A: RailTel Corporation of India Ltd focuses on broadband, VPN, telecom, and multimedia network services for Indian Railways and commercial clients.

Q: What are the 52-week high and low of RailTel Corporation of India Ltd stock?

A: RailTel Corporation of India Ltd stock has 52-week high of Rs 478.80 and 52-week low of Rs 244.95.

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