RailTel Corporation moves higher on bagging LoA worth Rs 94.24 crore
RailTel Corporation is currently trading at Rs. 354.65, up by 12.00 points or 3.50% from its previous closing of Rs. 342.65 on the BSE.
The scrip opened at Rs. 341.15 and has touched a high and low of Rs. 355.80 and Rs. 335.50 respectively. So far 179814 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 478.80 on 10-Jun-2025 and a 52 week low of Rs. 265.30 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 355.80 and Rs. 325.00 respectively. The current market cap of the company is Rs. 11370.85 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.52% and 22.63% respectively.
RailTel Corporation of India has received the Letter of Acceptance (LoA) from Modern Coach Factory, Raebareli. The order is for supply, installation and commissioning of IP based Video surveillance system in LHB coaches as per RDSO specification with 3 years warranty followed by 5 years CAMC and as per scope of work. The estimated size of order as per LoA is Rs 94.24 crore. The said LoA is to be executed by January 28, 2034.
Railtel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.
