RailTel Shares: RailTel shares have surged by 25% in the past two days. This surge is due to the company receiving orders worth ₹700 crore.

Railtel shares stole the show.

RailTel Share: Shares of RailTel Corporation of India, the country's Navaratna PSU company, are seeing a sharp rise today. During Thursday's trading, RailTel's stock rose more than 5%, reaching a high of ₹353.90. Several large orders are behind this surge in the company's shares. RailTel has received orders worth more than ₹700 crore. Consequently, its shares have risen by 25% in the past two days.

Orders received from UP Police to RVNL

RailTel has received a contract worth ₹44 crore from the Uttar Pradesh Police Recruitment and Promotion Board. Under this contract, RailTel will provide security and digital surveillance services during recruitment examinations for the department. It has also received two orders worth approximately ₹564 crore from Rail Vikas Nigam Limited (RVNL).

This project involves the design, supply, and installation of an integrated tunnel communication system in railway tunnels (T8 to T11). The company has also received orders from the Bihar Education Project Council (BEPC) for digital education initiatives. Under this initiative, the company is to develop digital classrooms and ICT labs. RailTel shares saw a sharp rise today due to these orders. With these new orders, RailTel's order book has crossed ₹7,200 crore.

The mining sector is also moving ahead.

RailTel, primarily a telecom provider, is currently working to transform itself into a digital provider. The company is also exploring the mining sector. It has received a ₹1,000 crore order from the Divisional Commissioner of the Konkan Division. Under this order, it will act as a systems integrator. This five-year project will develop an integrated IT solution for monitoring minor minerals on-site.