RailTel inches up on bagging work order worth Rs 10 crore
Railtel Corporation Of India is currently trading at Rs. 411.40, up by 1.15 points or 0.28% from its previous closing of Rs. 410.25 on the BSE.
The scrip opened at Rs. 411.05 and has touched a high and low of Rs. 415.65 and Rs. 404.65 respectively. So far 35057 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. 279.00 on 21-Dec-2023.
Last one week high and low of the scrip stood at Rs. 417.05 and Rs. 379.15 respectively. The current market cap of the company is Rs. 13166.50 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 3.66% and 23.50% respectively.
RailTel Corporation of India has received the work order from Northern Railway for cloud service for railway board amounting to Rs 10 crore (Including Tax). The order is to be executed by February 27, 2025.
Earlier, the company had received the work order from Kakinada Smart City Corporation (KSCCL) for SITC and Operations & Maintenance of Existing Integrated Command Communication Center of KSCCL, Kakinada.
RailTel Corporation of India provides broadband telecom and multimedia network across the country.
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