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 Corporation of India consolidated net profit rises 48.51% in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   07:34 )
  Railtel Corp gains on bagging order worth Rs 253 cr
 ( Hot Pursuit - 02-Feb-23   12:28 )
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  Railtel Corporation of India consolidated net profit rises 22.34% in the June 2022 quarter
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  Railtel bags work order of Rs 124.9 cr from Western Railways
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 ( Hot Pursuit - 10-Jan-24   09:56 )
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 ( Hot Pursuit - 10-Nov-21   10:58 )
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 ( Corporate News - 10-Nov-21   10:49 )
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 ( Corporate News - 12-Jan-23   09:32 )
  RailTel bags Rs 27.91 cr order for Kerala Fibre Optic Network
 ( Corporate News - 24-Aug-23   13:59 )
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