RailTel secures work order worth Rs23.43cr; stock ends higher

The company has received a work order from Sagar Cable Network towards for a period of 5 years.

Jul 08, 2021 03:07 IST India Infoline News Service

High angle view of two business executives working at the stock exchange
RailTel Corporation of India (RailTel) on Wednesday has received a work order from Sagar Cable Network towards for a period of 5 years.

“This is to inform that RailTel Corporation of India Ltd. ('the Company') has received a work order amounting to Rs23.43cr (Excluding GST) from M/s. Sagar Cable Network towards providing of Multicast drop and carry with 1.5G capacity at 66 locations for a period of 5 years,” the company said.

The stock ended at Rs143.20 up by Rs0.8 or 0.56% from its previous closing of Rs142.40 on the BSE. The scrip opened at Rs145.40 and has touched a high and low of Rs146.50 and Rs142 respectively.

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