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Railways Industry News

RailTel Corporation receives Rs 11.57 crore work order from RVNL

Saturday 26th Mar 2022    212
RailTel Corporation receives Rs 11.57 crore work order from RVNL
 

RailTel Corporation of India received Rs 11.57 crore work order from Rail Vikas Nigam Ltd (RVNL) for the installation of multi-protocol label switching-virtual private networks (MPLS-VPN) services from RailTel for a period of 5 years at various locations of the RVNL.

Currently, Railtel Corporation Of India is trading at Rs 91.70 on the Bombay Stock Exchange (BSE), up 2.34% or 2.10 points from the previous close of Rs. 89.60.

The company was opened at Rs. 91.30 and has now reached highs and lows of Rs 93.25 and Rs 90.85. In the meantime, 113738 shares had been traded on the counter.

The group 'A' of the BSE share with a nominal value of Rs 10 on June 10, 2021 has reached a 52-week high of Rs 164.70 and a 52-week low of Rs 87.20 on March 7, 2022.

In the past week, the high and low stood at Rs 93.25 and Rs 89.25. Their current market cap is Rs 2875.61 crore.

In the company, the promoter's interest was 72.84%. The interest of institutions and non-institutions was 7.21% and 19.95%.

RailTel Corporation is a 'Mini Ratna (Category-I)' public sector enterprise (PSU) and is one of the largest neutral telecom infrastructure providers in India owning a Pan-India fiber network on exclusive Right of Way (ROW) by the Railway. The company provides broadband, telecom and multimedia networks in the country.

 
 
 
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