Shares ticked up 0.57% to ₹255.05 on the BSE, reflecting a positive reaction to the company’s announcement of a fresh order book.
The largest of the two contracts, valued at ₹167.52 crore excluding taxes, will see RailTel deliver AM‑RMS services to the Railway Recruitment Board from now until October 15, 2031.
A separate ₹18.99 crore order from Health Insurance TPA of India Ltd covers IT infrastructure and cybersecurity solutions for a three‑year span ending October 16, 2029.
The latest wins follow a string of sizable contracts: a ₹49 crore order from Odisha’s Higher Education Department on October 13, a ₹165 crore deal with Western Coalfields in August, and a ₹166.8 crore extension from Employees’ Provident Fund Organisation.
Chairman Sanjai Kumar reiterated a 20‑25% revenue growth target for FY27, noting telecom revenue is projected to rise 7‑8% while project business could expand 40‑50% annually.
The company’s focus on a stronger project mix—potentially shifting from a 60:40 to a 70:30 split—could pressure overall margins, but it remains confident in sustaining segment profitability. RailTel will report Q4 FY27 results later this quarter.