New Delhi, March 10 -- Shares of RailTel Corporation jumped 3.5 percent in morning deals on Monday, March 10 after it received a work order from Northern Railway worth Rs.28.29 crore.

Northern Railway has awarded a contract for Indoor and Outdoor Double Distant Signalling Work to the railway firm, which falls under the category of domestic contracts. The terms and conditions of the order are as per the purchase order (PO). The contract is scheduled for execution by September 6, 2026, with a total order value of INR 28,29,14,088. The award has been granted to a domestic entity, with no involvement of an international party. The official receipt of the work order was recorded on March 7, 2025.

The stock rose as much as 3.5 percent to its ...