RailTel Corporation of India rises on bagging work order worth Rs 113.46 crore

Railtel Corporation Of India is currently trading at Rs. 345.70, up by 6.50 points or 1.92% from its previous closing of Rs. 339.20 on the BSE.

RailTel Corporation
RailTel Corporation

The scrip opened at Rs. 345.15 and has touched a high and low of Rs. 369.00 and Rs. 344.40 respectively. So far 410972 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 491.15 on 28-Feb-2024 and a 52 week low of Rs. 96.20 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 434.00 and Rs. 301.35 respectively. The current market cap of the company is Rs. 11173.47 crore.

The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.85% and 22.31% respectively.

RailTel Corporation of India has bagged work order from Odisha Computer Application Centre (OCAC) amounting to Rs 113.46 crore (Including GST). The company has received order to establish an IP-MPLS Network Connectivity in Odisha under OdishaNet Phase 1.0.

Earlier, the company had bagged the work order from State Transport Authority, Odisha amounting to Rs 87.85 crore (Including GST) for Upgradation of existing Command Control Centre to Unified Command Control Centre & Implementation of Intelligent Enforcement Management System (IEMS) for State Transport Authority, Odisha.

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