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Railway stock receives order worth ₹1,625 Cr from Ircon International

Prominent railway technology provider secured a ₹1,625 crore order for integrated tunnel communication in the Sivok-Rangpo rail project, enhancing connectivity and operational efficiency.
Railway stock jumps 3% after receiving order worth ₹1,625 Cr from Ircon International
Railway stock jumps 3% after receiving order worth ₹1,625 Cr from Ircon International

Introduction:

Leading railway technology provider has secured a ₹1,625 crore order for integrated tunnel communication and telecommunication systems in a major rail project, enhancing connectivity and efficiency in the Sivok-Rangpo new BG rail line expansion.

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Share price movement of RailTel:

On March 28, 2025, RailTel Corporation of India Ltd opened at ₹307.60, down 0.11% from its previous close of ₹307.95. The stock reached a high of ₹318.70 (3.51%) and a low of ₹301.50. By 4:00 PM, it traded at ₹302.70 with a market cap of ₹9,714.81 crore.

RailTel Secures ₹1,625 Crore Order from Ircon International:

RailTel Corporation of India Ltd. has received a ₹1,625 crore work order from Ircon International Ltd. The contract involves integrated tunnel communication and railway general telecommunication for the Sivok-Rangpo new BG rail line project of NF Railway.

The order, classified as a domestic work contract, is scheduled for execution by March 28, 2026. RailTel confirmed that the work order was received on March 28, 2025, at 8:00 PM. No related party involvement has been reported.

This major order strengthens RailTel’s position in railway infrastructure development, reinforcing its expertise in communication systems. The project is expected to enhance connectivity and efficiency in the crucial railway expansion along the Sivok-Rangpo corridor.

Recent news on RailTel:

As of March 03, 2025, RailTel Corporation of India Ltd secured work orders worth ₹37.18 crore from Madhya Pradesh State Electronics Development Corporation and ₹26.37 crore from Cuttack Development Authority, strengthening its project portfolio.

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

RailTel Corporation of India Ltd delivered a -7.62% return over the past week, declining by 33.4% in the past six months. The stock has fallen by 16.8% over the past year.

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Shareholding pattern of RailTel:

ParticularsDec 2024Sep 2024Jun 2024
Promoter72.80%72.80%72.80%
FII3%3%2%
DII0%1%3%
Public23.50%23.50%22.10%
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About RailTel:

RailTel Corporation of India Ltd (NSE: RAILTEL), a Navratna PSU, provides broadband, VPN, and telecom services. Established in 2000, its network spans 6,000 stations, modernizing train control, safety, and communication across India.

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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