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Techno Electric & Engineering Company is currently trading at Rs. 1674.00, up by 51.90 points or 3.20% from its previous closing of Rs. 1622.10 on the BSE.

The scrip opened at Rs. 1626.00 and has touched a high and low of Rs. 1700.70 and Rs. 1602.65 respectively. So far 6110 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 1800.00 on 20-Aug-2024 and a 52 week low of Rs. 480.65 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 1740.00 and Rs. 1585.00 respectively. The current market cap of the company is Rs. 19224.90 crore.

The promoters holding in the company stood at 61.51%, while Institutions and Non-Institutions held 27.17% and 11.32% respectively.

Techno Electric & Engineering Company (TEECL) has won prestigious contract from RailTel Corporation of India. Techno Electric and Engineering will design, build, finance, operate, and transfer Edge Data Centers (EDCs) as a Business Associate of RailTel Corporation of India in 102 cities across India over a twenty-year concession period extendable by five years.

TEECL is at the forefront of revolutionizing digital infrastructure across India. With the establishment of Edge Data Centers, company’s data centre vertical is taking significant steps to enhance the digital experience and drive the widespread adoption of digital services among residents of rural and urban areas, thereby contributing to the country's Digital India mission.

Edge Data Centers in India will play a pivotal role in meeting the low latency and high bandwidth requirements that are essential for a range of applications, including digital skills, financial inclusion, digital health & literacy, AI, AR, Internet of Things (IoT), content delivery, and cloud gaming. This infrastructure will ensure that customers receive optimal digital experiences, driving innovation and progress in various sectors.

In addition, Edge Data Centers will offer major benefits to Internet Service Providers (ISPs) and Content Delivery Networks (CDNs) by reducing latency and enhancing speed. This capability will enable more efficient content delivery, improve network performance, and support the increasing demand for high-quality, real-time services across the country.

The development of Edge Data Centers in the country represents a significant step toward achieving the vision of a digitally empowered India. TEECL remains dedicated to driving progress with cutting-edge technology and strategic partnerships, facilitating digital transformation on a national scale. RailTel’s optic fiber cable (OFC) network covers important towns and cities in India, including rural areas, covering over 70% of India’s population.

Techno Electric & Engineering Company (TEECL) is one of India’s most important power-infrastructure company. TEECL was established with a mission to provide comprehensive Engineering, Procurement and Construction (EPC) services to core sector industries in India.