RailTel Corporation shares rally 5% after bagging Rs 166.8 crore EPFO order
RailTel shares gained nearly 5% after the company received a Rs 166.80 crore work order from EPFO for a one-year extension of its Infrastructure-as-a-Service engagement. While the order strengthens revenue and order-book visibility, technical indicators remain weak, with the stock trading below all 8 monitored SMAs and its RSI at 32.5. FII holding also rose modestly in the June 2026 quarter.
RailTel Corporation of India's shares surged nearly 5% in Wednesday's trading following the company's announcement of a significant work order from the Employees' Provident Fund Organisation (EPFO). The stock climbed 4.96% to reach Rs 290.85 per share, after the firm revealed the deal was valued at Rs 166.80 crore, including taxes. The order extends RailTel's Infrastructure-as-a-Service (IaaS) partnership with EPFO for a year, with additional components included, and is set to be completed by February 9, 2027.
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