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STL Networks Stock Hits Upper Circuit After Securing ₹250 Crore RailTel Order.
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CNBC Awaaz•30-09-2026, 14:35
STL Networks Stock Hits Upper Circuit After Securing ₹250 Crore RailTel Order.
- •STL Networks, a company with a ₹2500 crore market cap, received an order worth approximately ₹250 crore from RailTel Corporation of India, leading to a 5% upper circuit in its stock.
- •The company, part of the BSE Telecommunication Index, saw a sharp surge in its stock today.
- •STL Networks' stock reached ₹51.93, up from its previous close of ₹49.46, and has gained over 84% in one month and 126% so far in 2026.
- •The company emerged as the L1 bidder for designing and implementing a cloud infrastructure solution at RailTel's data center and disaster recovery site.
- •The ₹249.8 crore contract includes the design, supply, installation, testing, commissioning, integration, migration, and deployment of the cloud infrastructure solution.
Key Questions Answered
STL Networks emerged as the lowest bidder for a RailTel contract worth approximately ₹250 crore, specifically valued at ₹249.8 crore including taxes.
The project covers the design, supply, installation, testing, commissioning, integration, migration, and deployment of a cloud infrastructure solution at RailTel's data center and disaster recovery site.
Following the news, STL Networks' stock hit a 5% upper circuit during the session, reaching ₹51.93 on Wednesday after previously closing at ₹49.46.
