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 Corp bags order worth Rs 20 cr
 ( Hot Pursuit - 20-Jun-24   14:25 )
  RailTel wins order of Rs 18 cr from Ministry of Defence
 ( Corporate News - 10-Feb-24   10:37 )
  RailTel wins contract worth Rs 25.30 cr from Govt. of Madhya Pradesh
 ( Corporate News - 15-Dec-23   18:49 )
  RailTel bags Rs 67.95 cr work order for Jammu Smart City
 ( Corporate News - 06-Oct-23   10:58 )
  Nifty climbs above 23,350; ONGC rallies over 5%
 ( Market Commentary - Mid-Session 11-Jun-24   13:42 )
  RailTel Corp edges higher after bagging contract from Jammu Smart City
 ( Hot Pursuit - 06-Oct-23   11:56 )
  HFCL Ltd Slides 3.02%
 ( Hot Pursuit - 23-Oct-23   09:45 )
  Railtel fixes record date for interim dividend
 ( Market Beat - Reports 03-Jan-22   18:56 )
  Railtel Corp rises on Rs 352-cr order win
 ( Hot Pursuit - 18-Mar-24   10:55 )
  Railtel Corporation of India consolidated net profit declines 51.60% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   07:33 )
  ICRA revises outlook on credit ratings of RailTel Corp to 'positive'; reaffirms ratings
 ( Hot Pursuit - 22-Feb-23   12:27 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top