+
RailTel Corporation receives Rs 11.57 crore work order from RVNL
RAILWAYS & METRO RAIL

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 multiprotocol label switching-virtual private networks (MPLS-VPN) services of RailTel for a 5-year period at several locations of the RVNL.

Currently, Railtel Corporation Of India is trading at Rs 91.70 on the Bombay stock exchange (BSE), which is up by 2.34% or 2.10 points from the previous closing of Rs. 89.60.

The corporation had opened at Rs. 91.30 and has now touched a high and low of Rs 93.25 and Rs 90.85. As of now, 113738 shares had been traded on the counter.

The group ‘A’ of the BSE stock of face value of Rs 10 on June 10, 2021, has reached a 52 week high of Rs 164.70, and on March 7, 2022, has reached a 52 week low of Rs 87.20.

In the last 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 holding stood at 72.84%. The Institutions and Non-Institutions holding stood at 7.21% and 19.95% .

RailTel Corporation is a ‘Mini Ratna (Category-I)’ public sector undertaking (PSU) and is among the largest neutral telecom infrastructure providers in India having ownership of a Pan-India optic fiber network on exclusive Right of Way (ROW) by the Railway track. The company offers broadband, telecom, and multimedia networks in the country.

Image Source

Also read: Indian Railways and RailTel to develop Edge Data Centres

RailTel Corporation of India received Rs 11.57 crore work order from Rail Vikas Nigam Ltd (RVNL) for the installation of multiprotocol label switching-virtual private networks (MPLS-VPN) services of RailTel for a 5-year period at several locations of the RVNL. Currently, Railtel Corporation Of India is trading at Rs 91.70 on the Bombay stock exchange (BSE), which is up by 2.34% or 2.10 points from the previous closing of Rs. 89.60. The corporation had opened at Rs. 91.30 and has now touched a high and low of Rs 93.25 and Rs 90.85. As of now, 113738 shares had been traded on the counter. The group ‘A’ of the BSE stock of face value of Rs 10 on June 10, 2021, has reached a 52 week high of Rs 164.70, and on March 7, 2022, has reached a 52 week low of Rs 87.20. In the last 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 holding stood at 72.84%. The Institutions and Non-Institutions holding stood at 7.21% and 19.95% . RailTel Corporation is a ‘Mini Ratna (Category-I)’ public sector undertaking (PSU) and is among the largest neutral telecom infrastructure providers in India having ownership of a Pan-India optic fiber network on exclusive Right of Way (ROW) by the Railway track. The company offers broadband, telecom, and multimedia networks in the country. Image Source Also read: Indian Railways and RailTel to develop Edge Data Centres

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code