RailTel Shares Jump 3% After Winning Rs.713 Crore Projects in Bihar
RailTel Corporation of India shares climbed over 3% in early trade after the PSU announced multiple project wins worth ₹713.55 crore, including smart classroom and ICT lab installations for government schools in Bihar.
10:46 AM Sep 09, 2025 IST
|
Aakash Khuman
On September 9, RailTel shares opened higher and were trading at Rs.357.80 on the BSE, up 3.47% or Rs.12. The stock touched a 52-week high of Rs.486.55 (September 13, 2024) and a low of Rs.265.30 (March 3, 2025). Currently, it trades 26.46% below its peak and 34.87% above its low.
Also Read: Infosys Shares Jump 3% Ahead of Buyback Proposal on September 11
Major Project Wins
RailTel confirmed receiving a Letter of Acceptance (LoA) from the Bihar Education Project Council (BEPC) for procurement, supply, and installation of smart classrooms at government middle schools. The order, valued at Rs.262.14 crore, will be executed by March 31, 2026.
ICT Labs & Smart Classrooms
The company secured another BEPC contract worth Rs.44.21 crore for setting up ICT labs across schools. Additionally, it bagged a Rs.257.50 crore project for smart classrooms at government secondary and senior secondary schools, along with a Rs.59.76 crore order for ISM labs.
Teaching Material Supply
RailTel also won an Rs.89.91 crore order for the supply of teaching-learning material for Classes I to V in government schools across Bihar. These projects highlight RailTel’s increasing role in education-related digital infrastructure.
Market Capitalisation
The company’s market cap currently stands at Rs.11,483.18 crore, supported by its strong order book and project execution pipeline. Analysts believe such large-scale government contracts will boost growth visibility.
Also Read: Vikran Engineering Share Price: IPO Debut Falls Short of Grey Market Expectations
Next Article