Powered by: Motilal Oswal
17-09-2024 03:25 PM | Source: Accord Fintech
RailTel Corporation soars on bagging work order worth Rs 48.70 crore

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Railtel Corporation of India is currently trading at Rs. 476.80, up by 7.30 points or 1.55% from its previous closing of Rs. 469.50 on the BSE.

The scrip opened at Rs. 469.40 and has touched a high and low of Rs. 483.15 and Rs. 464.50 respectively. So far 84638 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. 200.30 on 09-Oct-2023.

Last one week high and low of the scrip stood at Rs. 486.55 and Rs. 461.35 respectively. The current market cap of the company is Rs. 15228.53 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 from Health Insurance TPA of India for Service amounting to Rs 48.70 crore (excluding tax). The order is to provide integrated claims management solution portal and mobile application. 

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