Railtel Corporation Share: There may be movement in the shares of Railtel Corporation of India today. In fact, this government railway company, in collaboration with construction company Ashoka Buildcon, has won a big contract of Rs 1,136.18 crore for the modernization of the Registration Department of Maharashtra Government. This project is related to the modernization of the Office of General Registration (IGR) and Controller of Stamps.
RailTel said, “As per the LoI (Letter of Intent), the accepted rate is Rs 24.75 per page (page means a scanned single sided page of a registered document). The consideration value is not mentioned in the LoI. As per the RFP, the average number of pages scanned every year in the last five years is Rs 9.18 crore. Accordingly, the estimated rate for the contract period of five years is The financial impact will be approximately Rs 1136.18 crore, however, the actual figures may be different.
Take a look at the order details
- RailTel has received the order from the Inspector General of Registration Department of Maharashtra Government.
- RailTel’s consortium partner in the project is Ashoka Buildcon Limited.
- The estimated value of the order is approximately Rs 1136.18 crore for 5 years.
- Under the project, both the companies have to make the offices of IGR and Stamp Controller under Maharashtra Government hi-tech and digital.
- The project is to be completed by March 19, 2032.
Another order worth Rs 93 crore
Apart from this, recently RailTel has also received an order worth Rs 93 crore. Under this order of Rs 92.91 crore received from the Directorate of Education, Delhi (GNCTD), the company has been entrusted with the work of design, installation and maintenance of ICT based education labs in government schools. It is to be completed by February 2028. Apart from this, the company has many other orders.
performance of company shares
On Friday, RailTel shares fell 1.44 per cent to Rs 324.25 from its previous closing price of Rs 329. With this the market cap of the company came down to Rs 10.406 crore. The total turnover of 1.14 lakh shares of the company was Rs 3.72 crore. This multibagger stock has given a return of 3.36 percent in one year. However, it has also declined by 12.53 percent in six months. On March 3, 2025, the stock fell to its lowest level of 52 weeks at Rs 265.30. At the same time, its 52-week high level has been Rs 478.80, which it touched on June 10, 2025.
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