RailTel secures ₹262cr project from Odisha State Transport Authority

Shares of Railtel Corporation of India Ltd bounced 3.87 per cent to an intraday high of Rs 300.65 per share on the NSE.

Major Infrastructure Upgrade in Odisha

RailTel Corporation of India Ltd. has won a ₹262.33 crore contract from the State Transport Authority (STA), Odisha, as per an official exchange filing. The project involves:

• Upgrading the existing Command Control Centre to a Unified Command Control Centre
• Implementing an Intelligent Enforcement Management System (IEMS) for improved traffic and transport monitoring

Recent Project Wins Strengthen RailTel’s Order Book

This latest contract follows other recent project wins by RailTel:

• Madhya Pradesh State Electronics Development Corporation – ₹37 crore contract
• East Central Railway (February 2025) – ₹288 crore order

These projects highlight RailTel’s growing presence in digital infrastructure and transportation management solutions.

Stock Performance and Market Reaction

Following the announcement, RailTel’s stock surged 3.87%, reaching an intraday high of ₹300.65 per share on the NSE. The stock has been on a positive streak, gaining 6.29% over the past three trading sessions.

Conclusion

RailTel’s latest project win in Odisha, along with its growing portfolio of infrastructure contracts, strengthens its position as a key player in digital transformation and transport technology solutions. The company’s strong market performance reflects investor confidence in its continued growth.