RailTel Corporation of India rises on receiving LoA worth Rs 57.48 crore
Railtel Corporation Of India is currently trading at Rs. 401.45, up by 4.75 points or 1.20% from its previous closing of Rs. 396.70 on the BSE.
The scrip opened at Rs. 404.00 and has touched a high and low of Rs. 413.10 and Rs. 400.00 respectively. So far 35018 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 484.00 on 20-Sep-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. 413.10 and Rs. 361.05 respectively. The current market cap of the company is Rs. 12731.63 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 Acceptance (LoA) from Bihar State Educational Infrastructure Development Corporation. The LoA is for the development of hybrid smart classroom and ICT Lab at different Colleges and University in Bihar under PM-USHA Scheme. The estimated size of order as per LoA is Rs 57.48 crore. The order is to be executed by March 16, 2026.
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.
