RailTel Corporation Share Price in Focus After Winning ₹47.4 Crore Haryana LAN Contract

Written by: Team Angel OneUpdated on: 22 Oct 2026, 3:50 pm IST

RailTel Corporation of India has received a Letter of Acceptance worth ₹47.4 crore, including taxes, from Haryana State Electronics Development Corporation.

RailTel has secured a ₹47.4 crore contract to set up structured local area networks (LAN) for government departments. The company disclosed the order in a stock exchange filing dated October 20, 2026.

Contract Covers Multiple Locations

The order involves the supply, installation, testing and commissioning (SITC) of structured LAN networks at various locations across Haryana, Chandigarh and Delhi NCR.

The estimated contract value is ₹47.4 crore (₹47,40,00,000), inclusive of taxes. Purchase orders will be issued from time to time based on the departments' requirements, rather than the entire work being assigned through a single purchase order.

Project to Run Until April 2028

RailTel is required to complete the contract by April 18, 2028. The company received the work order on October 19, 2026, at 8 PM.

The filing also states that the promoter group has no interest in the awarding entity and that the contract does not fall under related-party transactions.

As of October 21, 2026, at 11:13 AM, RailTel share price was trading at ₹244.60 per share, reflecting a 2.36% decline from the previous trading session.

Conclusion

The ₹47.4 crore order adds another government networking project to RailTel's business. The work will be carried out across Haryana, Chandigarh and Delhi NCR, with purchase orders issued as requirements arise and the contract due for completion by April 2028.

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Published on: Oct 21, 2026, 11:25 AM IST

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