RailTel Share Price in Focus on ₹10.27 Crore Work Order from Indian Overseas Bank

RailTel Corporation of India Ltd has received a domestic work order from Indian Overseas Bank worth ₹10,27,11,362, including taxes. The project is to be executed by August 7, 2025. No further details about the nature or scope of the order were disclosed in the exchange filing.

The company confirmed that this contract does not fall under related party transactions. Promoters, promoter group entities, and other group companies have no financial or other interest in the awarding body, according to the reports.

Additional Orders in Pipeline

Earlier, RailTel had secured another domestic order from the General Administration Department (GAD) of Chhattisgarh. The contract, valued at ₹17,47,74,625 including tax, covers the provisioning of network connectivity, hardware, operation and maintenance, and commissioning of WLAN, LAN, and EPBAX systems. The completion deadline for this project is January 14, 2031.

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Contract Scope

The IOB order falls under the category of Point-to-Point (P-to-P) services. As per the exchange filing, the specific terms of execution, location, or equipment involved have not been shared. The order will be completed within a year from the agreement date.

About the Companies

RailTel is a 'Navratna' central public sector enterprise. It owns and operates a pan-India optic fibre network connecting cities, towns, and rural areas. Indian Overseas Bank is a public sector bank engaged in providing banking and financial services across India.

Railtel Share Price Performance 

As of 11:06 AM on July 14, 2025, RailTel Corporation of India share price was trading at ₹411.05, a 0.02% decrease.

Conclusion

The ₹10.27 crore contract adds to RailTel’s list of domestic projects. With this and other recent orders, the company continues to be involved in large-scale public sector telecom and IT infrastructure work.

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