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26-03-2024 12:08 PM | Source: Accord Fintech
RailTel Corporation of India surges on bagging work order worth Rs 36.35 crore

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Railtel Corporation of India is currently trading at Rs. 368.60, up by 8.40 points or 2.33% from its previous closing of Rs. 360.20 on the BSE.

The scrip opened at Rs. 361.60 and has touched a high and low of Rs. 370.85 and Rs. 353.80 respectively. So far 151684 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. 96.20 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 378.00 and Rs. 332.95 respectively. The current market cap of the company is Rs. 11868.30 crore.

The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.85% and 22.31% respectively.

RailTel Corporation of India has received the work order from Centre for Development of Advanced Computing for VMWare virtualization licences with 3 years support amounting to Rs 36.35 crore (Including Tax).

Earlier, the company had received the work order from State Project Director (Spd) Bihar Education Project Council (Bepc) amounting to Rs 99.01 crore (Including Tax). 

RailTel Corporation of India provides broadband telecom and multimedia network across the country.