RailTel shares rise 4.1% after securing order worth Rs 17 crore from Ministry of Defence
Rising almost roughly above 12 basis points from its previous day's finish price of Rs. 297.35, the stock is currently trading at Rs 309.30.
With a significant work order for Optical Fibre Cable (OFC) Laying Work worth Rs. 16.89 crore from the Ministry of Defence, Rail PSU Stock, RailTel Corporation of India Ltd shares are on high verge with a rise over 4% and the project is to be finished by March 17, 2026.
This agreement clarifies RailTel's responsibility in improving defence operation communication infrastructure. Rising almost roughly above 12 basis points from its previous day's finish price of Rs. 297.35, the stock is currently trading at Rs 309.30.
Railtel Corporation of India Limited has a market capitalisation of Rs. 10,484.98 and has touched an intraday high of Rs. 321.60 per equity share. The stock has dropped since then and is now selling at Rs. 317.35 each equity share.