RailTel Corporation of India shares rise by about 5% after the company receives a ₹166.80 crore work order extension from the Employees Provident Fund Organisation (EPFO). The extension covers a one-year continuation of its Infrastructure-as-a-Service (IaaS) engagement, with the amount reported as ₹1,66,80,29,314 (including tax).
According to company disclosures reported by outlets, RailTel receives the order on 17 August 2026 and is scheduled to execute it by 9 February 2027. The work is described as domestic, with EPFO as the awarder, and relates to additional IaaS components delivered through RailTel. One outlet also notes that the announcement improves revenue and order-book visibility, while market commentary highlights that the stock’s technical indicators remain weak, including trading below key moving averages and an RSI around 32.5. Another source adds that foreign institutional investor (FII) holding rises modestly in the June 2026 quarter.
