132% return in YTD: This multibagger PSU stock in focus after securing Rs 76.19 crore order
Railtel Share Price: According to an exchange filing, the company has secured order for the supply of teaching-learning material for Class I to III.
Railtel Share Price: Shares of RailTel Corporation of India Ltd are in focus today as the company has bagged an order worth Rs 76.19 crore from the Bihar Education Project Council. According to an exchange filing, the company has secured order for the supply of teaching-learning material for Class I to III.
"This is to inform that RailTel Corporation of India Ltd. (“the Company”) has received the work order from Bihar Education Project Council for Supply of Teaching Learning Material for Class I to III Under Rate Contract amounting to Rs. 76.19 Crore (Including GST)," the company said in an exchange filing.
Meanwhile, shares of RailTel opened at Rs 298.85 on Thursday on the BSE. The scrip gained by 0.84 per cent against the previous close of Rs 296.35. However, it soon witnessed selling and the share price fell to Rs 294.70. Last seen, the counter was trading at Rs 295.20.
Shares of the state-owned company have given a positive return of around 132 per cent so far this year. In the last one year, the counter has made investors wealthier by around 134 per cent.
Founded in September 2000, RailTel Corporation is a public sector enterprise of Indian Railways which is engaged in building nationwide broadband and telecom infrastructure.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.