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.
