Railtel rises on bagging work order worth Rs 48.78 crore
Railtel Corporation of India is currently trading at Rs. 334.35, up by 2.85 points or 0.86% from its previous closing of Rs. 331.50 on the BSE.
The scrip opened at Rs. 333.05 and has touched a high and low of Rs. 337.85 and Rs. 333.00 respectively. So far 9459 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. 265.30 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 346.00 and Rs. 331.00 respectively. The current market cap of the company is Rs. 10716.13 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.33% and 22.83% respectively.
Railtel Corporation of India has secured a work order worth around Rs 48.78 crore (excluding tax) from Mumbai Metropolitan Region Development Authority (MMRDA). The work order covers selection of System Integrator (SI) for design, development and implementation of Regional Information System for Mumbai Metropolitan Region and Urban Observatory at MMRDA, Mumbai. The order is to be completed by December 28, 2027.
Railtel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.
