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RailTel Corporation of India gained 4.54%, reaching Rs 423.35, following the announcement of a work order
RailTel Shares Gain
RailTel Corporation of India gained 4.54%, reaching Rs 423.35, following the announcement of a work order received from Bharat Coking Coal for a project worth Rs 78.43 crore.
The project involves implementing integrated IT-based security infrastructure, along with various related services. The contract is scheduled for completion by August 28, 2025.
A “mini ratna (category-I)” central public sector enterprise, RailTel is one of India’s largest neutral telecom infrastructure providers. The company owns a nationwide optical fiber network that spans several cities, towns, and rural areas across the country.
For Q2 FY25, RailTel Corporation reported a 6.58% increase in standalone net profit, reaching Rs 72.64 crore, and a 40.78% rise in revenue from operations, which totaled Rs 843.49 crore compared to Q2 FY24.
