RailTel stock in green after winning ₹115 Cr Letter of Intent from Power Grid India
News by Aliceblue News Desk
11 Mar 2026
Introduction
Leading telecom infrastructure company received a ₹115.20 crore Letter of Intent from Power Grid Corporation for domestic services, scheduled for execution as per Notification of Award terms.
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Share price movement of RailTel
On March 11, 2026, RailTel Corporation of India Ltd opened at ₹287.85, up 0.12% from its previous close of ₹288.50. The stock reached a high of ₹293.55 (1.72%) and a low of ₹287.15. By 1:07 PM, it traded at ₹288.65, a 0.05% increase, with a market cap of ₹9,263.89 crore.
RailTel Secures ₹115 Crore LoI
RailTel Corporation of India Ltd received a Letter of Intent from Power Grid Corporation of India Limited for domestic services. The work order was issued on September 10, 2034.
The estimated order size is ₹115.20 crore, including taxes. The contract is domestic, not related-party, and will be executed as per terms in the Notification of Award.
Stock performance of RailTel for period of 1 week, 6 months, and 1 year
RailTel Corporation of India Ltd delivered a 3.54% return over the past week, and it declined by 23.0% in the past 6 months. The stock fell 1.45% over the past 1 year.
Shareholding pattern of RailTel
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 73% | 73% | 73% |
| 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), a Navratna PSU, provides nationwide broadband, VPN, telecom, and multimedia services, modernizing train control and safety across 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.
FAQs
Q: Why is RailTel Corporation of India Ltd share price rising today?
A: RailTel Corporation of India Ltd receives ₹115.20 crore Letter of Intent from Power Grid Corporation for domestic services under Notification of Award.
Q: What is RailTel Corporation of India Ltd’s main business focus?
A: RailTel Corporation of India Ltd provides broadband, VPN, telecom, and multimedia services, modernizing train control and safety systems across Indian Railways.
Q: What are the 52-week high and low of RailTel Corporation of India Ltd stock?
A: RailTel Corporation of India Ltd stock has a 52-week high of ₹478.80 and a 52-week low of ₹265.60.
News Author
Aliceblue News Desk
