RailTel Bags ₹63.92 Crore CPWD ICT Project; Long-Term Contract Boosts Order Book
By Shishta Dutta | Published at: Dec 5, 2025 03:58 PM IST
Friday, December 5, 2025: The shares of RailTel Corporation of India Ltd surged by 0.94% today and were trading at ₹333.60 at around 03:00 PM, following the announcement by the company of procuring a ₹63.92 crore work order from Central Public Works Department (CPWD). This order relates to designing and implementing a nationwide ICT network.
Contract Scope and Timeline
The contract is an end-to-end delivery agreement and will have a total duration of five years. The contract includes design, installation, testing, commissioning, and managing operations for the entire period. RailTel will receive massive revenue visibility due to the length of the contract.
The contract is completely domestic and is issued by the CPWD with no related party transactions involved.
Importance of the Contract
RailTel is one of the most popular neutral telecom infrastructure providers having a pan India presence. The company has a robust optic fiber network that helps it deliver broadband and high-speed internet to companies and individual users. The new contract from CPWD comes at a time when the company already has a strong pipeline of government orders.
Stock Market Movement
Compared to the importance of the update, the stock market response was quite modest as the stock surged only by 0.94% today and traded at ₹333.60 around 03:00 PM. However, the stock has plummeted by 27.58% in the past six months and around 17.50% YTD. The company’s PE ratio is 33.10 compared to the industrial average of 52.47.
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