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RailTel: Stock jumps after securing ₹18 Cr contract from Dredging Corporation

News by Aliceblue News Desk

22 Sept 2025

RailTel: Stock jumps after securing ₹18 Cr contract from Dredging Corporation

Introduction

Leading telecom infrastructure company has secured a Rs. 18.06 crore work order from Dredging Corporation of India Limited to provide seamless offshore internet services for its vessels and ICCC, to be completed by January 2026.

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Share price movement of RailTel

On September 22, 2025, RailTel Corporation of India Ltd opened at ₹395.30, up 0.37% from its previous close of ₹393.85. The stock reached a high of ₹396.95 (0.79%) and a low of ₹392.85. By 11:02 AM, it traded at ₹393.45, a 0.10% decline, with a market capitalization of ₹12,627.32 crore.

RailTel Secures Rs. 18 Crore DCI Order

RailTel Corporation of India Ltd. has received a work order from Dredging Corporation of India Limited worth Rs. 18.06 crore, including taxes, for providing seamless offshore internet for DCI vessels and ICCC.

The order is domestic and will be executed by January 18, 2026. RailTel confirmed that promoters have no interest in the awarding entity, and the transaction is not a related party deal.

Recent news on RailTel

As of July 15, 2025, RailTel Corporation of India Ltd received a Rs 264 crore work order from East Central Railway to implement the Kavach Train Collision Avoidance System over 607 route kilometres.

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

RailTel Corporation of India Ltd delivered a -1.48% return over the past week. It gained 27.9% in the past six months but declined by 17.6% over the past year.

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Shareholding pattern of RailTel

ParticularsJun 2025Mar 2025Dec 2024
Promoter72.80%72.80%72.80%
FII3.70%3.30%3.30%
DII0.80%0.50%0.40%
Public22.70%23.40%23.50%

About RailTel

RailTel Corporation of India Ltd (NSE: RAILTEL) is a Navratna PSU providing nationwide broadband, VPN, telecom, and multimedia services, modernizing Indian Railways’ control systems, with a network covering around 6,000 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 going up today?

A: RailTel Corporation of India Ltd share price rose after receiving a work order worth Rs. 18.06 crore from Dredging Corporation of India Limited.

Q: How much stake do promoters hold in RailTel Corporation of India Ltd stock?

A: Promoters hold a 72.80% stake in RailTel Corporation of India Ltd stock as per the latest data.

Q: What is 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 ₹484.00 and a 52-week low of ₹265.30.

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