RailTel shares jump 3% after securing Rs 264 crore Kavach contract from East Central Railway
RailTel Corporation of India shares rose 3% after the company received a major work order worth ₹2,64,06,97,427 (including tax) from East Central Railway. The contract involves the implementation of Kavach , an indigenous Train Collision Avoidance System (TCAS), over 607 route kilometres of low-density railway tracks.
RailTel shares opened at ₹415.00 and, at the time of writing, touched a high of ₹426.00 during the day. The stock did not fall below its opening price, with the day's low also at ₹415.00. RailTel's 52-week high stands at ₹608.00, while the 52-week low is ₹265.50.
The nature of the contract is domestic and falls under the 'works' category. Execution is slated for completion by July 14, 2027. The official work order was received on July 14, 2025, at 12:40 PM.
This strategic win underscores RailTel's growing role in railway safety and digital infrastructure. The order does not involve any promoter or related party transactions.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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