RailTel Corporation of India soars on receiving work order worth Rs 81.46 lakh
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Railtel Corporation Of India is currently trading at Rs. 388.20, up by 9.50 points or 2.51% from its previous closing of Rs. 378.70 on the BSE.
The scrip opened at Rs. 390.00 and has touched a high and low of Rs. 400.00 and Rs. 385.10 respectively. So far 224760 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. 443.95 and Rs. 335.10 respectively. The current market cap of the company is Rs. 12445.99 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 National Informatics Centre Services Incorporated for Supply, installation, configuration, commissioning & integration of ICT infrastructure; and for Operation and Maintenance of the ICT infrastructure in compliance with the SLA, amounting to Rs 81.46 lakh (Including Tax). The said order is expected to be completed by August 31, 2024.
RailTel Corporation of India provides broadband telecom and multimedia network across the country.
