RailTel Corporation of India rises on bagging work order from Tamil Nadu Fibrenet Corporation
Railtel Corporation of India is currently trading at Rs. 419.40, up by 2.45 points or 0.59% from its previous closing of Rs. 416.95 on the BSE.
The scrip opened at Rs. 417.80 and has touched a high and low of Rs. 427.05 and Rs. 413.65 respectively. So far 143719 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 491.15 on 28-Feb-2024 and a 52 week low of Rs. 123.05 on 23-Jun-2023.
Last one week high and low of the scrip stood at Rs. 428.70 and Rs. 382.70 respectively. The current market cap of the company is Rs. 13477.81 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.84% and 22.31% respectively.
RailTel Corporation of India has received the work order from Tamil Nadu Fibrenet Corporation for works amounting to Rs 24.14 crore (Including Tax). The company has received work order for selection of system integrator for supply, installation, integration, testing, and commissioning of headend systems, including operation & maintenance.
RailTel Corporation of India provides broadband telecom and multimedia network across the country.
