05-04-2022 10:26 AM | Source: Accord Fintech
RailTel Corporation of India moves up on bagging order worth Rs 107.44 crore
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Railtel Corporation of India is currently trading at Rs. 106.45, up by 1.95 points or 1.87% from its previous closing of Rs. 104.50 on the BSE.

The scrip opened at Rs. 108.60 and has touched a high and low of Rs. 108.70 and Rs. 105.70 respectively. So far 37204 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.70 on 10-Jun-2021 and a 52 week low of Rs. 84.00 on 31-Mar-2022.

Last one week high and low of the scrip stood at Rs. 113.05 and Rs. 102.70 respectively. The current market cap of the company is Rs. 3416.39 crore.

The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.42% and 22.73% respectively.

RailTel Corporation of India has received work order from South Western Railway for Design, Planning, Supply, installation, fixing, configuration, integration and commissioning of a secure, reliable, scalable, manageable and converged communication system for 230 + stations over SWR at the total cost of Rs 107.44 crore. The entire work shall be completed within a period of 12 months. 

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.