Rs 6,616 crore order book: Navratna PSU bags order worth Rs 11,94,89,669 from South Eastern Coalfields Ltd
The stock is up 77 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 370 per cent in 3 years.
RailTel Corporation of India Ltd has been awarded a domestic work order by South Eastern Coalfields Limited, valued at Rs 11,94,89,669 (including tax). This contract entails providing Managed Bandwidth Service through an MPLS VPN Network on a rental (Opex) basis for three years, extending until June 5, 2028. The service is crucial for supporting live streaming and storage of video footage from CCTV cameras located at various SECL mines across Madhya Pradesh and Chhattisgarh states.
Previously, the company secured a domestic work order from the Department of Education, Samagra Shiksha, totalling Rs 15,96,54,450 (including tax). This contract involves the supply of UPS units and printers to 5507 Government Primary Schools (GPS) across Himachal Pradesh, with an execution deadline of October 6, 2025.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
About the Company
Established in 2000, RailTel Corporation of India Ltd (RCIL) is a "Navratna" public sector enterprise under the Indian government, offering diverse telecom services including broadband, VPN, and data centres. With its extensive network spanning over 6,000 stations and 61,000+ km of fibre optic cables, RailTel reaches 70 per cent of India's population. This achievement has led to the prestigious "Navratna" status conferred by the Department of Public Enterprises, Ministry of Finance. This recognition underscores RailTel's substantial contributions to the Indian economy and its position as a leading force in telecommunications and information technology. The "Navratna" status empowers RailTel with greater autonomy, financial flexibility, and the capacity for larger investments, propelling it towards innovation and sustained growth.
The company has a market cap of over Rs 14,000 crore. As of March 31, 2025, the company’s order book stands at Rs 6,616 crore. The stock is up 77 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 370 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.