RailTel Share Price in Focus; Secures ₹13.6 Crore LoI From Thane Municipal Corporation

Written by: Team Angel OneUpdated on: 30 Jun 2026, 11:06 pm IST

RailTel Corporation of India has received a Letter of Intent (LoI) from Thane Municipal Corporation for a ₹13.6 crore project to develop, upgrade and maintain the DigiThane Citizen Engagement Platform.

RailTel Corporation of India has received a Letter of Intent (LoI) from Thane Municipal Corporation for a technology project related to the DigiThane Citizen Engagement Platform.

The estimated value of the order is ₹13.6 crore, including taxes.

The project has been awarded by Thane Municipal Corporation, a domestic entity.

Project To Run For 10 Years

The company said the contract is for a period of 10 years. As per the filing, the project is scheduled to be executed by June 28, 2036.

RailTel stated that the estimated size of the order, as per the Letter of Intent, is ₹13.6 crore, including taxes.

RailTel Share Price Performance

As of 30 June 2026, at 12:48 PM, RailTel share price was trading at ₹309.60 per share, reflecting a surge of 1.11% from the previous trading session. The stock opened at ₹308.50 and touched an intraday high of ₹311.90 and a low of ₹307.15 during the session.

Conclusion

RailTel has secured a Letter of Intent from Thane Municipal Corporation for a ₹13.6 crore project involving the DigiThane Citizen Engagement Platform. The 10-year contract covers the platform's development, implementation, operation and maintenance, further strengthening the company's digital infrastructure project portfolio.

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Published on: Jun 30, 2026, 1:50 PM IST

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