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

Written by: Team Angel OneUpdated on: 30 Jun 2026, 7:20 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 Share Price in Focus
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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.  

RailTelThe 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. 

Read More: RailTel Share Price in Focus; Secures ₹29.83 Crore Order from Southern Power Distribution Company! Ek 

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.  

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 30, 2026, 1:50 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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