RailTel Corporation of India gains on bagging LoI worth Rs 18.22 crore
Railtel Corporation Of India is currently trading at Rs. 388.95, up by 5.50 points or 1.43% from its previous closing of Rs. 383.45 on the BSE.
The scrip opened at Rs. 386.85 and has touched a high and low of Rs. 391.35 and Rs. 385.70 respectively. So far 42856 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. 400.05 and Rs. 381.80 respectively. The current market cap of the company is Rs. 12470.06 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.46% and 22.70% respectively.
RailTel Corporation of India has secured Letter of Intent (LoI) worth around Rs 18.22 crore from Ceg - Center For EGovernance, Karnataka for procurement of back-to-back OEM support for existing KSWAN 2.0 routers and switches. The order is to be executed by November 8, 2025.
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.
