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RailTel Corporation of India gained 4.54%, reaching Rs 423.35, following the announcement of a piece order
RailTel Shares Gain
RailTel Corporation of India gained 4.54%, reaching Rs 423.35, following the announcement of a piece order obtained from Bharat Coking Coal for a undertaking value Rs 78.43 crore.
The undertaking entails implementing built-in IT-based safety infrastructure, together with varied associated providers. The contract is scheduled for completion by August 28, 2025.
A “mini ratna (category-I)” central public sector enterprise, RailTel is one in all India’s largest impartial telecom infrastructure suppliers. The firm owns a nationwide optical fiber community that spans a number of cities, cities, and rural areas throughout the nation.
For Q2 FY25, RailTel Corporation reported a 6.58% enhance in standalone internet revenue, reaching Rs 72.64 crore, and a 40.78% rise in income from operations, which totaled Rs 843.49 crore in comparison with Q2 FY24.
