Shares of RailTel Corporation of India Ltd surged 3% on Monday, 10 March, after the company announced securing another order worth Rs 28 crore from Northern Railway, continuing their five-day gaining streak. 

The scope of the order is for double-distance signalling work both indoors and outdoors, which has to be completed by 6 September 2026.
 
Moreover, the company’s board of directors will convene on 12 March 2025 to consider and approve a second interim dividend for the 2024–2025 fiscal year. To ascertain which stockholders are qualified for the interim dividend, they will also establish a record date.

Last Monday, the company received a work order for a project valued at Rs 2,62,33,85,540 from the State Transport Authority of Odisha. The State Transport Authority’s Intelligent Enforcement Management System (lEMS) deployment and the conversion of the existing Command Control Center into a Unified Command Control Center were the tasks on the work order.

The company also received work orders of Rs 47,50,05,370 from East Central Railway and Rs 19,08,82,886 from the Border Security Force.

As of January 2025, RailTel Corporation of India Limited had an order backlog of Rs 5,280 crore, reflecting a strong project pipeline. This is expected to drive consistent revenue growth in the coming years, reinforcing the company’s standing in the railway and telecom infrastructure sectors.

However, at 2:18 pm, the shares of RailTel Corp shed all their early gains and were trading 0.75% lower at Rs 296.45 on NSE.

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