RailTel share price jumps on ₹100 Cr Konkan IT system LoI winRailTel share price jumps on ₹100 Cr Konkan IT system LoI win

Introduction

Leading PSU telecom firm received ₹100 crore Letter of Intent from Konkan Division for integrated IT solution project for monitoring minor minerals with execution timeline till April 2031.

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Share price movement of RailTel

On April 16, 2026, RailTel Corporation of India Ltd opened at ₹342.95, up 1.87% from its previous close of ₹336.65. The stock reached a high of ₹354.00 (5.15%) and a low of ₹340.00. By 11:12 AM, it traded at ₹343.90, a 2.15% increase, with a market cap of ₹11,037.07 crore.

RailTel Wins ₹100 Crore Order

RailTel Corporation of India Ltd received a Letter of Intent from Divisional Commissioner, Konkan Division for system integrator role in developing and maintaining integrated IT solution for monitoring minor minerals.

The contract is domestic with estimated order size of ₹100 crore excluding tax. The project involves five year maintenance period and is scheduled for execution completion by April 14, 2031.

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 19.2%, a 6-month return of -8.53%, and a 1-year return of 8.83%.

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Shareholding pattern of RailTel

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	72.80%	72.80%	72.80%
FII	3.70%	3.50%	3.70%
DII	0.80%	0.80%	0.80%
Public	22.60%	22.80%	22.70%

About RailTel

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

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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.

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