RailTel Shares Surge 6% on ₹2,098 Crore Bihar Education Contract

RailTel Corporation of India's stock climbed nearly 6% to ₹396.70 on the National Stock Exchange following a major ₹2,098 crore contract win from the Bihar Education Project Council. The government-backed telecom infrastructure provider will implement an education quality enhancement program under the PM SHRI initiative, with an 11-month execution timeline.

Trading volume spiked to 168.16 lakh shares worth ₹673.21 crore as the stock reached an intraday high of ₹407.70. The deal significantly bolsters RailTel's order book and cements its position in India's growing edtech sector. Market capitalization touched ₹12,725 crore during the session, with deliverable quantity at 18.12% of total volume.

This volatility comes amid a 52-week trading range between ₹265.50 and ₹486.60 for the stock. The contract award, disclosed in compliance with SEBI regulations, demonstrates RailTel's continued ability to secure large-scale government projects in digital infrastructure.