RailTel Bags ₹89-Crore Central Railway Order for IP-MPLS Network

• RailTel Corporation of India Ltd secured an ₹89-crore order from Central Railway for IP-MPLS network equipment.
• The project involves supply, installation, testing, and commissioning of the network across Mumbai, Pune, Solapur, Bhusawal, and Nagpur divisions.
• The network aims to support unified communication across Indian Railways and is scheduled for completion by January 13, 2027.
• Earlier, RailTel announced the cancellation of multiple work orders worth ₹609.56 crore, including a ₹262.14 crore smart classroom project in Bihar.
• RailTel's shares closed down 3.63% on BSE following these announcements.

Why It Matters: RailTel secured a significant Central Railway order, but also faced cancellations, impacting its stock.