RailTel Share Price Gains After Receiving ₹15.78 Crore Order from Munitions India

Written by: Rakesh DeshmukhUpdated on: 16 Jun 2026, 5:22 pm IST
RailTel share price gained after the company secured a ₹15.78 crore work order from Munitions India Limited for COMNET 2.0 network upgradation.
RailTel Share Price
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RailTel share price gains 3% on June 16 after the company announced that it has received a work order from Munitions India Limited for the upgradation of the existing COMNET 2.0 network across multiple defence public sector units. 

RailTel Receives ₹15.78 Crore Work Order 

RailTel Corporation of India Limited has received a work order from Munitions India Limited for the upgradation of MPLS bandwidth of the existing COMNET 2.0 network across all 45 units of 7 Defence Public Sector Undertakings (DPSUs) and the Department of Defence, New Delhi. 

The domestic order is valued at ₹15,77,99,597, including taxes, and is scheduled to be executed by June 14, 2027. 

RailTel Q4FY26 Financial Performance 

For Q4FY26, RailTel reported a 25% year-on-year (YoY) increase in net profit to ₹142 crore, while revenue rose 28% YoY to ₹1,669 crore. EBITDA grew 30% YoY to ₹233 crore, with the EBITDA margin remaining flat at 14%. The company's order book stood at ₹10,166 crore, including around ₹1,000 crore worth of Kavach-related projects, providing revenue visibility for the coming quarters. 

RailTel Share Price Performance 

As of 11:26 AM on June 16, 2026, RailTel share price was trading at ₹322.85 per share, up ₹4.35 or 1.37% from the previous closing price on the BSE. During the intraday session, the stock rallied more than 3% to hit a high of ₹328.10 per share following the order announcement. 

Conclusion 

RailTel share price witnessed buying interest after the company secured a ₹15.78 crore work order from Munitions India Limited for upgrading the COMNET 2.0 network infrastructure. Investors may continue to track the execution of the project and future order inflows for further developments. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.   

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 16, 2026, 11:52 AM IST

Rakesh Deshmukh

Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.

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