RailTel Corp bags Rs20.81 crore order from IRFC; Stock down 2.5%

6 May 2022 , 11:41 AM

Railtel Corporation of India informed to the exchanges regarding major order secured by the company.

As per the filing, the Company has received work order from Indian Railway Finance Corporation Ltd.(IRFC) for “Implementation of ERP and other Business modules along with servers for cloud hosting and DR services” at a total cost of Rs20.81 crore (Plus GST).

At around 11:44 AM, Railtel Corporation of India was trading at Rs99.60 apiece down by Rs2.5 or 2.45% from its previous closing of Rs102.10 apiece on the BSE.

The scrip opened at Rs102.10 and has touched a high and low of Rs102.10 and Rs98.55 respectively so far today.