RailTel Share Price Surges on Securing ₹48.78 Crore Order from MMRDA

RailTel Corporation of India has announced a new contract from the Mumbai Metropolitan Region Development Authority (MMRDA).  

The order is valued at ₹48.77 crore (₹48,77,92,166) excluding tax and was formally issued on December 3, 2025, as per the company’s disclosure.  

Project Scope 

The assignment involves RailTel acting as the System Integrator for building a Regional Information System for the Mumbai Metropolitan Region.  

The project also includes setting up an Urban Observatory at MMRDA. The work covers design, development, and implementation of the required digital systems.  

Execution Timeline 

RailTel has been given a completion deadline of December 28, 2027. The contract is domestic and classified as a project rather than a service engagement.  

According to the filing, there is no related-party involvement, and neither the promoter group nor group companies have any interest in the awarding authority.  

Read More: Blinkit Introduces Post-Order Item Addition Feature in Qcom Competition! 

Railtel Share Price Performance 

On December 4, 2025, at 10:51 AM, Railtel share price is trading at ₹334.40, a 0.71% increase from the previous closing price. 

Conclusion 

The ₹48.78 crore work order now forms part of RailTel’s project book, with execution set to continue till late 2027, focusing on digital systems for regional information management. 

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