Multibagger Railway PSU Stock in Focus Today: Railtel Corporation Bags 90 Crore Work Order For MTC, TNSTC

Railtel Corporation, a promising multibagger railway Public Sector Undertaking (PSU) stock, is set to attract investor attention on Monday after the state-owned company provided an update on its Rs 90 crore order book. Before the announcement, Railtel's shares closed 4.57% lower in the previous trading session on Friday.

Railtel Corporation of India Ltd. has announced that it has received a work order worth over Rs 90 crore from the Institute of Road Transport. According to the company's exchange filing, the value of the order is Rs 90,08,49,783. The company plans to complete the contract by October 18, 2026.

In an exchange filing, the company mentioned, "We are happy to inform that RailTel Corporation of India Ltd. has received the work order from the Institute of Road Transport for a total of Rs. 90,08,49,783 (including tax)."

The company made it clear that this project is not a related-party transaction and is not connected to its promoters. As per the order update, Railtel Corporation will design, develop, supply, implement, operate, and maintain the enterprise resource planning (ERP) system for the Metropolitan Transport Corporation (MTC) Ltd. in Chennai, Tamil Nadu State Transport Corporation (TNSTC) in Coimbatore, and TNSTC in Madurai.

Earlier in March 2025, the company received a Rs 25.15 crore order from Hindustan Petroleum Corporation Limited (HPCL). In February, Railtel secured a Rs 288 crore contract to implement the Kavach anti-collision system at 71 stations.

Multibagger Railway PSU Stock: Railtel Corporation of India Share Price

On Friday, Railtel Corporation of India's shares closed at Rs 301.60, down 4.57% from the previous close of Rs 316.05. The stock reached a 52-week high of Rs 618 on July 12, 2024, and a 52-week low of Rs 265.30 on February 3, 2025.

Over the last five years, Railtel Corporation shares have delivered a return of more than 148%. However, the stock has dropped by 25.24% over the past year. Year-to-date (YTD) in 2025, the PSU stock has fallen by 25.52%. As of the close of trading on Friday, April 25, the company's market capitalization stood at Rs 9,679.50 crore.

About Railtel Corporation

RailTel Corporation of India Limited. is a Navratna Public Sector Undertaking (PSU) under the Ministry of Railways. It is India's leading telecom infrastructure provider. Established in 2000, it offers internet, telephony, and multimedia services through its pan-India optical fibre network.