RailTel Share Price In Focus After ₹20 Crore Munitions India Order For Six-Year Data Centre Project; Stock Falls 3.6% On Friday

RailTel Corporation of India Limited received a Letter of Intent (LoI) from Munitions India Limited (MIL) to set up a data centre (DC) and disaster recovery (DR) centre. The company disclosed the order in a regulatory filing to the stock exchanges dated 23 October 2026.

The contract covers the setting up of the DC and DR centre on an Infrastructure-as-a-Service (IaaS) platform for the Q-Shakti (QA4.0) project.

On the disclosed date, the RailTel share price closed at ₹229, down 3.60% from the previous close of ₹237.55 on the National Stock Exchange (NSE). The stock opened at ₹236.45, touched a high of ₹236.75 and a low of ₹226.

RailTel Contract Details

The estimated order value is ₹20,04,04,809, including taxes. The contract period comprises four months for go-live, followed by six years of service. The agreement can be extended by a further three years.

Payments will be made through quarterly invoices. Also, the contract includes a performance bank guarantee (PBG) of 5%. The filing lists 28 February 2027 as the execution deadline.

Q-Shakti Project To Support MIL Across 13 Locations

The RailTel data centre project is intended to support MIL across 13 locations through the Q-Shakti project.

The filing identifies the order as domestic and states that the awarding entity has no reported promoter-group interest in RailTel. It also says the contract does not fall under related-party transactions.

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