India's Railtel Corp gains on 4.55 billion rupee-order win

Railtel of India

10/02/2026 05:48

** Shares of Railtel Corporation of India RAIT.NS jump 6.2% to 352.7 rupees

** State-owned telecom infrastructure provider set for best day since mid-September, if gains hold

** RAIT said after market hours on Monday that it won a 4.55 billion rupees ($50.2 million) order

** Around 8.4 million shares traded, 5.7x the 30-day average volume

** Stock trims YTD losses, last down 5.2% for the year

($1 = 90.6980 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))