RailTel Shares Rise 25% In 2 Days After Bagging Over ₹600 Cr Projects

Shares of RailTel Corporation of India have rallied close to 25% over the last two sessions. On Thursday morning, 16 April 2026, the stock hit an intraday high of ₹354 and locked in the 5% upper circuit.

Around 10:45 am, RailTel Corporation of India shares were trading at ₹342.15, higher by about 1.6%, extending the previous session’s rise.

The trigger appears to be recent order wins. The company has bagged projects worth over ₹600 crore in the past few days, which is seen improving near-term visibility on revenue and execution.

Even after the recent move, the stock is still down about 7% in 2026 so far. However, the recent rally has lifted the stock nearly 30% over the past one month.

What Orders Are Driving the Rally?

RailTel Corporation of India has secured two orders from Rail Vikas Nigam Limited (RVNL). The total value stands at over ₹560 crore.

One contract order, worth about ₹309.27 crore, covers work on tunnels T-1 to T-7, spread across nearly 42.7 kilometres. It also includes related stations. The scope involves setting up integrated communication systems. The other order, at around ₹255.27 crore, is for four stations and tunnels T-8 to T-11, which span 36 km.

In addition, the company has secured a ₹43.96 crore order from the Uttar Pradesh Police Recruitment and Promotion Board. This contract is for providing security-related services during recruitment exams.

Another ₹100 crore project involves building and maintaining an information technology (IT) system for monitoring minor minerals over a five-year period.

What Do Financials And Order Books Indicate?

In the latest quarter, RailTel Corporation of India reported revenue of ₹913 crore, up from ₹768 crore a year earlier, reflecting a 19% rise.

Growth came from both key segments. The project business contributed ₹564 crore, while the telecom segment brought in ₹369 crore.

The company’s order book stood at ₹8,497 crore, which provides some visibility on future execution. Operating profit was also higher, rising by around 10% from a year ago.

These factors seem to have improved sentiment around the stock.

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What Should Investors Watch Next?

The recent jump reflects stronger buying interest. Whether it holds will depend on execution.

Large projects, especially those from RVNL, will need to be delivered on time. These are spread over several years and involve multiple systems.

Order flow will be another key factor. Fresh wins can support visibility, while a slowdown may weigh on the stock.

The stock had been under pressure earlier this year. It remains to be seen if the current move signals a broader recovery or just a short-term spike.

For now, attention will stay on execution, margins and the pace of new orders.

Sources:

The Economic Times

Outlook Business