RailTel Corporation Share Price in Focus; Secures ₹197 Crore Order from SBI

RailTel Corporation of India Ltd has received a purchase order from State Bank of India (SBI) worth an estimated ₹197.18 crore, excluding taxes. The company disclosed the order in a regulatory filing dated 14 October 2026. 

The contract is for the continuation of telecom links connecting SBI’s data centre, disaster recovery facility and branches across India. It also covers point-to-point (P2P) links at revised rates. 

Five-Year Contract 

The order covers a five-year period from 1 April 2026 to 31 March 2031. RailTel received the work order on 13 October 2026 at 11 am, according to the details submitted to the stock exchanges. 

The estimated contract value is ₹1,97,17,77,622, excluding taxes. The company’s disclosure classifies the order as a domestic telecom contract awarded by SBI. 

Services Covered Under the Agreement 

The contract includes Multiprotocol Label Switching (MPLS) links for SBI’s data centre and disaster recovery (DC-DR) facility, along with connectivity for its branches across the country. 

The purchase order specifies the continuation of these links at revised rates. The filing does not provide a separate value for individual services or details of the locations covered under the agreement. 

Regulatory Filing Details  

In its disclosure, the company stated that its promoter group and group companies had no interest in the entity awarding the contract. It also confirmed that the order does not fall under related-party transactions. 

The filing was issued on 14 October 2026, following receipt of the purchase order from SBI on the previous day. 

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RailTel Corporation of India Share Price Performance  

As of October 14, 2026, 1:43 pm, RailTel Corporation of India share price was trading at ₹253.25, up 0.66% from the previous closing price. 

Conclusion 

The order is valued at ₹197.18 crore, excluding taxes, and covers the continuation of SBI’s telecom connectivity services for five years. The contract is scheduled to run until 31 March 2031. 

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