RailTel Corporation of India gains on bagging work order worth Rs 294.37 crore
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Railtel Corporation Of India is currently trading at Rs. 128.65, up by 0.80 points or 0.63% from its previous closing of Rs. 127.85 on the BSE.
The scrip opened at Rs. 127.90 and has touched a high and low of Rs. 129.65 and Rs. 126.50 respectively. So far 242834 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 148.70 on 28-Nov-2022 and a 52 week low of Rs. 90.50 on 24-Jun-2022.
Last one week high and low of the scrip stood at Rs. 132.40 and Rs. 123.05 respectively. The current market cap of the company is Rs. 4128.87 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 5.17% and 21.98% respectively.
RailTel Corporation of India has received the work order from Tamil Nadu State Marketing Corporation (TASMAC) for Implementation of the Project on Integrated Solution enabling End-to-End computerization & connectivity of core and support functions of TASMAC for a period of 5 years amounting to Rs 294.37 crore (including taxes).
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.
