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STL Networks Share Price Surges Over 4% After Emerging as L1 Bidder for ₹249.8 Crore RailTel Order

Written by: Team Angel OneUpdated on: 30 Sept 2026, 5:04 pm IST
STL Networks Limited has emerged as the L1 bidder for a ₹249.8 crore RailTel contract for cloud infrastructure work.
STL Networks Share Price Surges
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STL Networks has emerged as the lowest bidder for a contract from RailTel Corporation of India. As per the exchange filing, the order covers the design, supply, installation and deployment of a cloud infrastructure solution at RailTel’s data centre and disaster recovery site.  

₹249.8 Crore RailTel Contract 

The contract is worth ₹249.8 crore, including taxes. The work will be carried out under RailTel’s tender issued in June 2026.  

The work includes design, supply, installation, testing, commissioning, configuration, integration, migration, and deployment of a cloud infrastructure solution. 

The solution will be deployed at RailTel’s data centre and disaster recovery site. The order is a domestic contract.  

STL Networks Emerges as L1 Bidder 

STL Networks has emerged as the lowest bidder for the contract under RailTel’s tender dated June 25, 2026. 

The filing does not give a separate execution timeline and states that the work period will be as per the terms of the tender.  

Read More: Government Unveils Digital Public Infrastructure Initiative for Tourism Sector! 

STL Networks Share Price Performance 

As of September 30, 2026, at 11:10 AM, STL Networks share price was trading at ₹51.69 per share, reflecting a 4.51% surge from the previous trading session. 

Conclusion 

STL Networks has emerged as the L1 bidder for a ₹249.8 crore RailTel contract involving cloud infrastructure work at a data centre and disaster recovery site. The contract covers several stages, including installation, testing, integration and deployment, while the execution period will be based on the terms of RailTel’s tender. 

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: Sep 30, 2026, 11:34 AM 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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