Hot Pursuit     29-Dec-23
Railtel gains on Rs 120-cr order win
Railtel rallied 3.71% to Rs 304.55 after the firm bagged order from South Central Railway for telecommunication work in Yermaras-Nalwar section of Guntakal division worth Rs 120.45 crore.
The scope of order includes comprehensive signalling and telecommunication works for provision of automatic block signalling system in Yermaras-Nalwar Section of Guntakal division in South Central Railway.

The time period for completion of project is 720 days.

RailTel a "Mini Ratna (Category-I)" central public sector enterprise, is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country.

The company reported 23% rise in net profit to Rs 68.15 crore on a 40% increase in revenue from operations to Rs 599.15 crore in Q2 FY24 as compared with Q2 FY23.

Previous News
  Railtel Corp bags order worth Rs 20 cr
 ( Hot Pursuit - 20-Jun-24   14:25 )
  Techno Electric & Engineering Company bags contract from RailTel
 ( Corporate News - 02-Sep-24   14:45 )
  Nifty climbs above 23,350; ONGC rallies over 5%
 ( Market Commentary - Mid-Session 11-Jun-24   13:42 )
  RailTel wins work order of Rs 162.73 cr
 ( Corporate News - 25-Jan-24   10:05 )
  RailTel Corporation of India bags new order
 ( Corporate News - 03-Jan-24   13:44 )
  Railtel Corp bags order worth Rs 71-cr from Eastern Railway
 ( Hot Pursuit - 27-Aug-24   13:43 )
  RailTel bags order of Rs 11.23 cr from Ministry of Defence
 ( Corporate News - 11-Jun-24   11:38 )
  RailTel Corp edges higher after bagging contract worth Rs 140 crore from Prasar Bharati
 ( Hot Pursuit - 14-Feb-24   11:15 )
  Railtel Corp spurts as Q3 PAT soars 94% YoY to Rs 62 cr
 ( Hot Pursuit - 25-Jan-24   10:21 )
  Railtel Corporation of India receives reaffirmation in credit ratings
 ( Corporate News - 22-Feb-23   11:23 )
  Railtel Corporation of India to hold board meeting
 ( Corporate News - 08-Aug-22   13:55 )
Other Stories
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top