RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore
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Railtel Corporation Of India is currently trading at Rs. 426.00, up by 17.90 points or 4.39% from its previous closing of Rs. 408.10 on the BSE.
The scrip opened at Rs. 411.00 and has touched a high and low of Rs. 428.80 and Rs. 411.00 respectively. So far 123483 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 202.45 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 428.80 and Rs. 400.20 respectively. The current market cap of the company is Rs. 13097.50 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 5.01% and 22.14% respectively.
RailTel Corporation of India has received the work order amounting to Rs 79.84 crore (Including Tax) from Maharashtra Housing And Area Development Authority (MHADA) for Selection of Service Provider (Cloud Hosting and Managed Service) to Setup, Migrate, and Manage Data Centre (DC) and Disaster Recovery (DR) site for MHADA on Cloud. The said order is expected to be executed by January 15, 2025.
RailTel Corporation of India provides broadband telecom and multimedia network across the country.
