Railtel Corporation of India shines on receiving LoAs from Bihar Education Project Council
Railtel Corporation Of India is currently trading at Rs 363.90, up by 18.10 points or 5.23% from its previous closing of Rs 345.80 on the BSE.
The scrip opened at Rs 359.95 and has touched a high and low of Rs 367.50 and Rs 355.65 respectively. So far 543415 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 486.55 on 13-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 367.50 and Rs 341.10 respectively. The current market cap of the company is Rs 11,746.35 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 multiple Letter of Acceptance (LoAs) from State Project Director (SPD) Bihar Education Project Council (BEPC). The company has secured a LoA worth around Rs 89.91 crore for supply of Teaching Learning Material of Class I to V for Government Schools in Bihar, and it is to be executed by March 31, 2026. Further, it has secured a LoA worth around Rs 257.50 crore for procurement, supply and installation of Smart Classrooms at Government Secondary and Senior Secondary Schools, and it is to be executed by March 31, 2026.
In addition, the company has secured work order worth around Rs 59.77 crore for SITC of ISM Lab and it is to be executed by December 31, 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.
