India, Sept. 28 -- The Navratna telecom and digital infrastructure company RailTel Corporation of India has added a fresh contract to its books, this time from a public sector institute linked to India's mining industry. The order involves private network connectivity and video conferencing support across multiple locations, and it runs for five years. Coming two months after a quarter in which revenue rose but profit stayed flat, the win offers a steady, recurring boost to the telecom business. Here is what it means.

Shares of Railtel Corporation of India Ltd closed at Rs. 256.15, down 1.54 percent on Monday. The stock touched the intraday high of Rs. 265.30 after opening at Rs. 264.10 before slipping to a low of Rs. 255.05. The compan...