Friday, October 30, 2026

Railway PSU stock surges the most in nearly two years after bagging multiple orders; Details here

Date:

Shares of RailTel Corporation of India Ltd., the state-run railway company, surged as much as 13% on Wednesday, April 15. This is the biggest single-day gain for the stock since July 2024.In an intimation to the exchanges, RailTel said that the company had received two Letter of Awards from its peer company Rail Vikas Nigam (RVNL) Ltd. worth ₹565 crore.


The order pertains to supply, installations, testing and commissioning (SITC) of comprehensive, integrated communication systems in railway tunnes.Additionally, the company has received a work order from the UP Policy Recruitment and Promotional board worth ₹44 crore.

RailTel’s security related ancillary services for recruitment exams is part of the work order. The said order is worth ₹44 crore.

Shares of RailTel have surged on strong volumes on Wednesday, with over 1.5 crore shares having changed hands in just the first 60 minutes of the trading session, significantly higher than the 20-day average of 4.2 lakh shares.

Shares of RailTel are trading 12.4% higher on Wednesday at ₹319.7. The stock has surged nearly 20% in the last one month, but is still down 14% so far in 2026.

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