168% Rally In 6-Months: Zero-Debt Burden PSU Stock Bags 3rd Order In Jan 2024

Zero-debt burden public sector undertaking RailTel Corporation shares today witnessed gain of 0.61% on BSE. Last trading price of RailTel Corporation, operating in telecommunications sector, is Rs 351.90 apiece. The company has been receiving back-to-back orders this month. RailTel Corporation shares surged 168% in last 6-months and soared 186% in last 1-year. Check details below

RailTel Corporation Bags Order From C-DoT Today: As per the regulatory filing of the company, "RailTel Corporation of India Ltd ("the Company") has received the work order from Centre for Development of Telematics (C-DoT) for Installation, Testing and Commissioning of MPLS VPN connectivity at 26 number of sites across India amounting to Rs. 29.54 Crore (Excluding GST)."

RailTel Corporation Receives Order Bihar Education Project Council: As per the BSE filing of RailTel dated Jan 9, "RailTel Corporation of India Ltd ("the Company") has received the work order from Bihar Education Project Council for Supply of Teaching Learning Material for Class IV to V amounting to Rs. 39.88 Crore (Including GST)."

RailTel Bags Order From RVNL: Earlier this month on January 3, 2024, RailTel Corporation received order from Rail Vikas Nigam Limited for Data Centre Hosting & Application Support services amounting to Rs. 35,08,09,200 (Excluding Tax) for service period of 3 Years.

RailTel Corporation Bagged Order From NF Railway Construction: According to the regulatory filing of the company dated December 21, "RailTel Corporation of India Ltd ("the Company") has received the work order from N F Railway Construction for Supply, Installation, Testing & Commissioning of Integrated Tunnel Communication system, Emergency Call Arrangements in Tunnels & IPIS at Stations in Bhairabi- Sairang New Single line Section of Lumding Division amounting to Rs. 66.83 Crore (Including GST)."

The company on December 15 also received the work order from Directorate of Geology and Mining, Government of Madhya Pradesh for Implementation of AI-based Smart Enforcement System to curb illegal transportation of minerals with 3 years of operation and maintenance. The total Contract value for 3 years is Rs. 25.30 Crore (excluding GST).

RailTel Corporation Stock Performance & Return: The stock's 52-week high price is Rs 374.00 per share and 52-week low price is Rs 96.20 per share, respectively. It has a market capitalisation is Rs 11,292.82 crore. RailTel Corporation shares surged 66% in last 3-monhs, gained 186% in last 1-year, and rose 191% 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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