
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 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.
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.
Read More: RailTel Secures Order Worth ₹82 Crore from Haryana Rail Infrastructure Development Corporation
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.
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.
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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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