RailTel Corporation shines on bagging LoI worth Rs 100 crore
Railtel Corporation Of India is currently trading at Rs. 347.05, up by 10.40 points or 3.09% from its previous closing of Rs. 336.65 on the BSE.
The scrip opened at Rs. 342.95 and has touched a high and low of Rs. 354.00 and Rs. 340.00 respectively. So far 703245 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 478.80 on 10-Jun-2025 and a 52 week low of Rs. 244.95 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 354.00 and Rs. 275.35 respectively. The current market cap of the company is Rs. 11287.40 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.52% and 22.63% respectively.
RailTel Corporation of India has received the Letter of Intent (LoI) worth Rs 100 crore (excluding tax) from Divisional Commissioner, Konkan Division. The LoI is for the selection of system integrator for development and maintenance of integrated IT solution for Monitoring of Minor Minerals. The order is to be executed by April 14, 2031
