RailTel Corporation surges on receiving work order from Webel Technology
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Railtel Corporation Of India is currently trading at Rs. 502.55, up by 15.40 points or 3.16% from its previous closing of Rs. 487.15 on the BSE.
The scrip opened at Rs. 489.55 and has touched a high and low of Rs. 499.55 and Rs. 487.50 respectively. So far 268382 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 513.25 on 24-Jun-2024 and a 52 week low of Rs. 128.75 on 06-Jul-2023.
Last one week high and low of the scrip stood at Rs. 503.00 and Rs. 463.35 respectively. The current market cap of the company is Rs. 15634.51 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 Webel Technology for Upgradation and Enhancement of existing IT & Non-IT DC infrastructure at WBSDC Monibhandar. Broad consideration or size of order is Rs 23.96 crore (Including Tax). The said order is expected to be executed by September 25, 2024.
RailTel Corporation of India provides broadband telecom and multimedia network across the country.
