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RailTel Corp. of India Ltd. ( (IN:RAILTEL) ) just unveiled an announcement.
RailTel Corporation of India Ltd. has secured a domestic services contract from the Food Safety and Standards Authority of India (FSSAI) under a cloud services arrangement valued at approximately Rs 16 crore. The work order, received on 13 January 2026 and to be executed through 5 January 2029, underscores RailTel’s growing role as a key digital and cloud services provider to central government agencies, strengthening its order book and reinforcing its positioning in India’s public-sector IT and cloud services market, with no related-party or promoter-group interests involved in the awarding entity.
More about RailTel Corp. of India Ltd.
RailTel Corporation of India Ltd. is a government-owned telecommunications and IT infrastructure provider focused on broadband, VPN, data center, and cloud services, leveraging its nationwide optic fiber network laid along the Indian Railways. The company positions itself as a digital infrastructure and services partner for various government departments, public sector entities, and enterprises across India.
Average Trading Volume: 99,426
Technical Sentiment Signal: Sell
Current Market Cap: 110.3B INR
See more data about RAILTEL stock on TipRanks’ Stock Analysis page.