RailTel Corporation, a Navratna PSU under the Ministry of Railways, has received a order worth ₹274 crore from the Maharashtra Motor Vehicles Department. The order is for designing, implementing, operating, and maintaining an Intelligent Traffic Management System (ITMS) across blackspots and accident-prone zones in the Vidarbha region of the state.
The agreement will be valid for 10 years. While the estimated order value is ₹274.40 crore, the final figure will be confirmed once the purchase order is officially issued.
Following the announcement, RailTel share price jumped 3.46% on Thursday. It opened at ₹447 and was trading at ₹457 by 1:30 PM on June 5, 2025.
RailTel’s share price has been on a steady upward trend over the past month. On May 8, it was at ₹300. In just one month, it surged by ₹157, marking a 41.97% increase to ₹457.
RailTel is one of India’s largest neutral telecom service providers and operates under the Ministry of Railways. The company has built a vast optical fibre network covering over 62,000 km along railway tracks, and an additional 21,000 km within cities.
RailTel offers services such as telecom connectivity, network integration, and signalling solutions. It also operates several data centres. In the fourth quarter of FY25, the company posted revenue of ₹1,308 crore and a profit of ₹131.8 crore.
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RailTel’s latest order win is a significant step forward in expanding its portfolio beyond railways into smart city and traffic management solutions.
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Published on: Jun 5, 2025, 4:33 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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