RailTel Corporation of India share price gained in the early trade on April 28 following the company received the work order worth Rs 90,08,49,783 from The Institute Of Road Transport.
At 09:30am, Railtel Corporation of India was quoting at Rs 304.30, up Rs 2.70, or 0.90 percent, on the BSE.
The contract is for design, development, supply, implementation, operations and maintenance of the enterprise resource planning system (ERP) for MTC Chennai, TNSTC-Coimbatore and TNSTCMadurai and to be executed by October 18, 2026.
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On April 17, the company received the work order from Uti Infrastructure Technology & Services for Managed Cloud services for 3 years amounting to Rs 19,84,36,100.
In March the company secured Rs 25.15 crore order from Hindustan Petroleum Corporation. A five-year contract for the renewal of existing MPLS and ILL links, along with proposed new connections that may be added over the period, subject to feasibility.
The share touched a 52-week high of Rs 618.00 and a 52-week low of Rs 265.30 on 12 July, 2024 and 03 March, 2025, respectively.
Currently, the stock is trading 50.76 percent below its 52-week high and 14.7 percent above its 52-week low.
The market capitalisation stands at Rs 9,766.16 crore.
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