YTD Return 127%: PSU Telecom Stock Bags Order, Hits 52-Week High For 4th Day

Miniratna public sector undertaking RailTel Corporation operating in telecommunications sector on Friday disclosed that it has received a new order worth Rs 53 crore from Gujarat Informatic Ltd for supply, installation, operation, and maintenance of "State Wide Surveillance" and ITMS project across the state of Gujarat. Last trading price of RailTel Corporation share on BSE is Rs 290.40 per share with intraday fall of 0.72%. RailTel Corporation stock offered return of 135% in last 6-months. RailTel Corporation share BSE hit 52-week high in trade today. RailTel Corporation shares hit 4th consecutive 52-week high in trade today. Check details below:

RailTel Corporation Bags New Order: According to the BSE filing of the company issued today, "Pursuant to Regulation 30 read with Part A (B) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that RailTel Corporation of India Ltd. ("the Company") has received the work order from Gujarat Informatics Limited for Supply, Installation and Operations and Maintenance of State Wide Surveillance and ITMS Project across the state of Gujarat under flagship program called "Video Integration and State Wide Advance Security-VISWAS"- Phase-II. The estimated revenue for 5 years is Rs. 52.87 Crore."

RailTel Corporation Stock Performance & Return: Current market price of RailTel Corporation share on BSE is Rs 290.40 per share. Its 52-week high price is Rs 296.30 per share and 52-week low price is Rs 96.20 per share, respectively. Its market capitalisation is Rs 9,275. 12 crore. RailTel Corporation shares gained 72% in last 3-months, gained 134% in last 6-months, offered a rally of 108% in last 1-year, and surged 138% in last 2-years.

RailTel Corporation of India About: RailTel Corporation a "Mini Ratna (Category-I)" PSU is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optical fiber network. RailTel is committed to bring cutting edge technology and offer innovative services to the Indian Telecom market. RailTel is in the forefront in providing nationwide Broadband Telecom & Multimedia Network in all parts of the country in addition to modernization of Train operations and administration network systems, according to its official website.

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