The order is for the deployment and management of diagnostic and performance tools as managed service for three years.

RailTel, a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The Optical Fibre Cable (OFC) network covers important towns & cities of the country and several rural areas. The Government of India held 72.84% stake in the company.

The company's consolidated net profit rose 130.85% to Rs 67.50 crore on 26.69% rise in net sales to Rs 358.49 crore in Q2 FY22 over Q2 FY21.

The scrip fell 1.57% to currently trade at Rs 113.05 on the BSE.