RailTel Corporation of India gains on bagging two work orders
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RailTel Corporation is currently trading at Rs. 124.00, up by 1.40 points or 1.14% from its previous closing of Rs. 122.60 on the BSE.
The scrip opened at Rs. 122.50 and has touched a high and low of Rs. 126.25 and Rs. 122.10 respectively. So far 315163 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 189.45 on 03-Mar-2021 and a 52 week low of Rs. 104.60 on 26-Feb-2021.
Last one week high and low of the scrip stood at Rs. 130. 35 and Rs. 122.10 respectively. The current market cap of the company is Rs. 3987.66 crore.
The promoters holding in the company stood at 100.00%.
RailTel Corporation of India has received the work orders. The company has received order amounting to Rs 22.38 crore (Taxes extra as applicable) from Controller General of Defence Accounts, for setting up of Network Operation Centre and order amounting to Rs 11.99 crore (Inclusive of applicable taxes/GST) from Axom Sabra Siksha Abhiyan Mission, for Deployment of Artificial Intelligence based Identification System for capturing attendance and Management of SDMIS.
RailTel Corporation a ‘Mini Ratna (Category-I)’ PSU is 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 company provides broadband telecom and multimedia network across the country.
