Hot Pursuit     15-Mar-23
RailTel Corp jumps on bagging Rs 287-cr order from C-DAC
RailTel Corporation of India rallied 4.14% to Rs 109.45 after the company received work order from Centre for Development of Advanced Computing (C-DAC) amounting to Rs 287.57 crore.
Order from C-DAC includes supply, installation, integration, testing & commissioning of IT infrastructure in green field data center at New Delhi and Bengaluru along with training & support.

The contract will be executed within 300 days from the date of work order.

RailTel, a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. As on 31 Dec 2022, the Government of India holds 72.84% stake in the company

The company‘s consolidated net profit declined 51.6% to Rs 31.95 crore despite of 8.8% rise in net sales to Rs 454.32 crore in Q3 FY23 over Q3 FY22.

Previous News
  Railtel receives upgrade in LT credit rating for bank facilities
 ( Corporate News - 05-Mar-24   13:01 )
  RailTel wins order of Rs 75 cr from Bangalore Metro Rail Corporation
 ( Corporate News - 04-Oct-24   09:42 )
  RailTel wins order of Rs 67.86 cr from Bangalore Metro Rail Corporation
 ( Corporate News - 04-Oct-24   09:44 )
  Benchmarks trade with minor cuts; Nifty slips below 25,200 level
 ( Market Commentary - Mid-Session 05-Sep-24   11:32 )
  RailTel Corp edges higher after bagging contract worth Rs 140 crore from Prasar Bharati
 ( Hot Pursuit - 14-Feb-24   11:15 )
  RailTel bags Rs 27.91 cr order for Kerala Fibre Optic Network
 ( Corporate News - 24-Aug-23   13:59 )
  Railtel bags work order of Rs 124.9 cr from Western Railways
 ( Corporate News - 05-Feb-24   09:03 )
  Railtel Corporation of India consolidated net profit declines 51.60% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   07:33 )
  RailTel wins order of Rs 23.96 cr
 ( Corporate News - 04-Jul-24   19:25 )
  Railtel wins work order of Rs 36 cr from CDAC
 ( Corporate News - 23-Mar-24   11:40 )
  Railtel Corporation of India to hold board meeting
 ( Corporate News - 29-Jul-24   10:01 )
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