Powered by: Motilal Oswal
2025-08-05 10:14:52 am | Source: Accord Fintech
RailTel Corporation of India rises on bagging LoI worth Rs 216.81 crore
RailTel Corporation of India rises on bagging LoI worth Rs 216.81 crore

Railtel Corporation Of India is currently trading at Rs. 373.20, up by 5.00 points or 1.36% from its previous closing of Rs. 368.20 on the BSE.

The scrip opened at Rs. 373.80 and has touched a high and low of Rs. 373.80 and Rs. 368.20 respectively. So far 6095 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 516.50 on 28-Aug-2024 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. 387.75 and Rs. 351.45 respectively. The current market cap of the company is Rs. 11816.95 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 received the letter of intent (LoI) worth Rs 216.81 crore (Including Tax) from Bihar State Electronics Development Corporation. The LoI is for Implementation of Mukhyamantree Surakshit Sushaasit Shahar (Safe City). The contract is to be executed by August 04, 2030.

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.

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here