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RailTel-led consortium bags Maharashtra LoI; deal size seen at ₹1,136 crore

News by Aliceblue News Desk

23 Feb 2026

RailTel-led consortium bags Maharashtra LoI; deal size seen at ₹1,136 crore

Introduction

Leading telecom infrastructure PSU received LoI for Maharashtra IGR modernization project with ₹24.75 per page rate and estimated five year impact of ₹1,136.18 crore.

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Also Read: Pace Digitek soars 4% on bagging ₹890.69 Mn RailTel video surveillance order

Share price movement of RailTel

On February 23, 2026, RailTel Corporation of India Ltd opened at ₹335.00, up 3.32% from its previous close of ₹324.25. The stock reached a high of ₹337.80 (4.18%) and a low of ₹326.95. By 10:48 AM, it traded at ₹327.60, a 1.03% increase, with a market cap of ₹10,513.94 crore.

RailTel Secures ₹1,136 Crore Order

RailTel Corporation of India Ltd, in consortium with Ashoka Buildcon Ltd, received a Letter of Intent from Inspector General of Registration for a Maharashtra government modernization project.

The order involves selection of MSP for modernization of offices of IGR and Controller of Stamps under Government of Maharashtra. The contract is awarded by a domestic entity.

The execution period extends until March 19, 2032. The accepted rate is ₹24.75 per scanned page. The estimated five-year financial impact is approximately ₹1,136.18 crore.

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

RailTel Corporation of India Ltd declined 2.07% over the past week and fell 5.53% in six months, while gaining 6.17% over the past one year.

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Also Read: KPI Green Energy shares jump after completing 92.4 MW wind project in Gujarat

Shareholding pattern of RailTel

ParticularsDec 2025Sep 2025Jun 2025
Promoter72.80%72.80%72.80%
FII3.70%3.50%3.70%
DII0.80%0.80%0.80%
Public22.60%22.80%22.70%

About RailTel

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

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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 share price rise after receiving LoI for Maharashtra IGR project with estimated five-year financial impact of ₹1,136.18 crore.

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

A: RailTel Corporation of India Ltd provides broadband, VPN, telecom, and multimedia network services across railway stations and commercial centers in India.

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

A: RailTel Corporation of India Ltd stock recorded a 52-week high of ₹478.80 and a 52-week low of ₹265

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