RailTel Shares Decline After Bihar Education Project Cancels Rs 609 Crore Orders

RailTel Corporation of India saw its shares decline by up to 2.5% on January 14, 2026, following the cancellation of three Bihar Education Project Council work orders totaling approximately Rs 609.55 crore. The cancelled projects involved supplying teaching materials for Classes I to V and installing smart classrooms in middle and secondary government schools across Bihar. RailTel cited unavoidable reasons for the cancellations. Additionally, the company announced the promotion of Madhulika Pathak to Principal Executive Director Finance.