Railtel has secured a project worth over Rs 262 crore from the State Transport Authority Odisha, the company informed the shareholders through an exchange filing.
"This is to inform that RailTel Corporation of India Ltd. has received the work order from State Transport Authority Odisha for Project Business amounting to Rs. 2,62,33,85,540 (Including Tax)," the company said in an exchange filing.
The project includes an upgradation of existing Command Control Centre to Unified Command Control Centre & Implementation of Intelligent Enforcement Management System (lEMS) for State Transport Authority, it added.
Earlier, the company received the work order from Madhya Pradesh State Electronics Development Corporation of over Rs 37 crore. Prior to that in February the company got an order worth Rs 288 crore from East Central Railway.
Shares of Railtel Corporation of India Ltd jumped 3.87 percent to an intraday high of Rs 300.65 per share on the NSE. The stock has been gaining for the last three days and has risen 6.29 percent in the period.
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