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 Corporation of India standalone net profit rises 3.04% in the March 2024 quarter
 ( Results - Announcements 02-May-24   17:59 )
  RailTel wins contract of Rs 99 cr from Bihar Education Project Council
 ( Corporate News - 21-Mar-24   11:34 )
  Railtel Corporation of India consolidated net profit rises 23.37% in the September 2023 quarter
 ( Results - Announcements 27-Oct-23   07:34 )
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 ( Market Commentary - Mid-Session 21-Mar-24   11:32 )
  Railtel Corp bags work order worth Rs 81 crore
 ( Hot Pursuit - 08-Jun-24   15:41 )
  Railtel Corporation of India consolidated net profit declines 51.60% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   07:33 )
  RailTel Corp gains after Q2 PAT rises 23% YoY; board declares an interim dividend of Re 1/share
 ( Hot Pursuit - 27-Oct-23   12:05 )
  Railtel Corp gains on Rs 99-cr order win
 ( Hot Pursuit - 21-Mar-24   10:56 )
  RailTel wins work order of Rs 81.45 cr
 ( Corporate News - 08-Jun-24   12:44 )
  RailTel wins order of Rs 18 cr from Ministry of Defence
 ( Corporate News - 10-Feb-24   10:37 )
  RailTel Corporation of India bags work order of Rs 66.83 cr
 ( Corporate News - 22-Dec-23   09:35 )
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