RailTel bags work order from CWC worth Rs 96.99 crore
Railway PSU company has received the LOI from Central Warehousing Corporation for workorder amounting to Rs. 96,99,80,118 (Including Tax).
Navratna PSU, RailTel Corporation of India Ltd has secured a contract from Central Warehousing Corporation for Rs 96.99 crore.
Railway PSU company has received the LOI from Central Warehousing Corporation for workorder amounting to Rs. 96,99,80,118 (Including Tax).
The exchange filing stated that CWC has placed an LOI for Supply, installation, testing, commissioning and comprehensive operation and maintenance of Smart Warehousing Elements at 226 foodgrain warehouses.
The time period by which the order is to be executed is 06-JUL-30.
Shares of RailTel are currently trading down by 0.87% at Rs 409.40. The stock opened today at Rs 412.00. However, the stock has fallen down by over -10.4% in last one month.