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The latest update is out from RailTel Corp. of India Ltd. ( (IN:RAILTEL) ).
RailTel Corporation of India has secured a major domestic railway signalling contract from the Dy. Cste/P/Cnb for the provision of Multi-Section Digital Axle Counters (MSDAC) and associated works, including indoor alterations at EI, RRI and PI stations in the Prayagraj division of the North Central Railway. The project, valued at an estimated Rs 35.55 crore, is to be executed over 24 months up to February 17, 2028, reinforcing RailTel’s role in critical railway signalling upgrades and potentially strengthening its order book and position in rail infrastructure services.
The Letter of Acceptance for the signalling project was received on February 18, 2026, and the work falls outside the scope of related-party transactions, indicating an arm’s-length award. This contract adds to RailTel’s pipeline of infrastructure projects within India’s rail network, underscoring continued investment in safety and control systems that are central to operational reliability for rail stakeholders.
More about RailTel Corp. of India Ltd.
RailTel Corporation of India Ltd. is a government-owned telecom and ICT infrastructure provider focused on the railway sector and broader public networks in India. The company undertakes projects such as telecom, signaling, and network modernization for Indian Railways and other domestic clients, supporting digitisation and safety enhancements across rail operations.
Average Trading Volume: 137,652
Technical Sentiment Signal: Sell
Current Market Cap: 105.7B INR
For an in-depth examination of RAILTEL stock, go to TipRanks’ Overview page.