RailTel Bags ₹102 Cr Order, Shares Plunge 4% Amid Strong Financials

Business
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Moneycontrol•08-01-2026, 15:16
RailTel Bags ₹102 Cr Order, Shares Plunge 4% Amid Strong Financials
- •RailTel secured a new ₹102 crore order for IT infrastructure, data centers, disaster recovery, and SOC services, to be completed by January 7, 2031.
- •Despite the new order, RailTel's shares fell by approximately 4% on January 8, touching ₹355 on BSE.
- •The company previously secured a ₹567 crore project from Assam Health Infrastructure Development and Management Society, due by January 31, 2032.
- •RailTel reported a 4.7% year-on-year net profit increase to ₹76 crore and 12.8% revenue growth to ₹951.3 crore for the September 2025 quarter.
- •The government holds a 72.84% stake in RailTel, and the share has seen a 13% rise in the last month.
Why It Matters: RailTel's shares dropped despite new orders and strong financials, creating market curiosity.
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