RailTel Gains After Rs 18m Dredging Contract

25 Sep 2025 CW Team

RailTel Corporation of India saw its share price rise in early trade on 22 September following an order win from Dredging Corporation of India worth Rs 180.6 million.

At 09:19 am, RailTel was quoting at Rs 395.35, up Rs 1.50 or 0.38 per cent on the BSE.

The contract from Dredging Corporation involves providing offshore internet for DCI vessels and the ICCC, with execution scheduled by 18 January 2026.

Last week, RailTel secured a Rs 574.8 million contract from Bihar State Educational Infrastructure Development Corporation for developing hybrid smart classrooms and ICT labs at colleges and universities in Bihar under the PM-USHA Scheme.

Earlier in September, the company received a Letter of Acceptance (LOA) for a Rs 2,097.8 million order from the State Project Director, Bihar Education Project Council (BEPC). It also secured a Rs 325.1 million project from Panvel Municipal Corporation and a Rs 709.4 million project from Nashik Municipal Smart City Development Corporation.

The company’s LOA from BEPC covers the supply and installation of smart classrooms at government middle schools, with the order expected to be completed by 31 March 2026.

RailTel shares touched a 52-week high of Rs 478.85 on 27 September 2024 and a 52-week low of Rs 265.30 on 3 March 2025. The stock is currently trading 17.34 per cent below its 52-week high and 49.19 per cent above its 52-week low. The company’s market capitalisation stands at Rs 12.7 billion.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..