RailTel Corporation gains on bagging LoA worth Rs 27.04 crore from APCPDCL

Railtel Corporation of India is currently trading at Rs. 333.35, up by 5.30 points or 1.62% from its previous closing of Rs. 328.05 on the BSE.

The scrip opened at Rs. 328.50 and has touched a high and low of Rs. 335.65 and Rs. 325.00 respectively. So far 76011 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 478.80 on 10-Jun-2025 and a 52 week low of Rs. 265.30 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 350.00 and Rs. 324.00 respectively. The current market cap of the company is Rs. 10764.27 crore.

The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 4.52% and 22.63% respectively.

RailTel Corporation of India has received the Letter of Acceptance (LoA) worth around Rs 27.04 crore from Andhra Pradesh Central Power Distribution Corporation (APCPDCL). The LoA is for the supply, installation, testing and configuration of Software Defined Wide Area Network (SD-WAN) devices along with hardware and licenses at APCPDCL offices, with 5 years warranty and support. The said LoA is to be executed by January 24, 2031.

Earlier, the company had secured work order worth around Rs 140.71 crore from Ministry of Defence.

Railtel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.