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Reading: RailTel Shares Surge 6% Following ₹2,098 Crore Bihar Education Contract Award
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RailTel shares jump 6% on ₹2,098 crore Bihar Education contract
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > RailTel Shares Surge 6% Following ₹2,098 Crore Bihar Education Contract Award
Economy

RailTel Shares Surge 6% Following ₹2,098 Crore Bihar Education Contract Award

Economy Desk By Economy Desk September 15, 2025 2 Min Read
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Shares of RailTel Corporation of India jumped nearly 6 percent to ₹396.70 on the National Stock Exchange on Monday following the announcement of a substantial contract worth ₹2,098 crore from the Bihar Education Project Council.

The stock opened at ₹382 and reached an intraday peak of ₹407.70, marking an increase of ₹22.10 or 5.90 percent from the previous closing price of ₹374.60. During the trading session, the company’s market capitalization soared to ₹12,725 crore, accompanied by robust trading activity of 168.16 lakh shares, valued at ₹673.21 crore.

On September 12, 2025, RailTel received the Letter of Acceptance from the State Project Director of the Bihar Education Project Council, aimed at enhancing education quality in Bihar under the PM SHRI initiative. This domestic supply contract has a specified execution timeline of 11 months, concluding in September 2026.

Being a government-owned telecommunications infrastructure provider, RailTel disclosed the contract details in line with SEBI listing regulations. This order significantly boosts RailTel’s order book and strengthens its presence in the education technology domain.

This year, the stock has experienced volatility, trading within a 52-week range of ₹486.60 in September 2024 and ₹265.50 in March 2025. With 18.12 percent of the traded volume being deliverable quantity, investor interest appears to remain strong.

Published on September 15, 2025

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