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The latest announcement is out from RailTel Corp. of India Ltd. ( (IN:RAILTEL) ).
RailTel Corporation of India Ltd. has secured a significant contract from the Mumbai Metropolitan Region Development Authority valued at approximately Rs. 48.78 crore. The contract involves acting as a System Integrator for the design, development, and implementation of a Regional Information System and Urban Observatory in Mumbai, with a completion deadline set for December 2027. This order enhances RailTel’s position in the domestic market, showcasing its capability in handling large-scale infrastructure projects, and is expected to positively impact its operational and financial performance.
More about RailTel Corp. of India Ltd.
RailTel Corporation of India Ltd. operates in the telecommunications industry, providing broadband and VPN services. It focuses on leveraging its extensive fiber network across India to offer connectivity solutions to various sectors, including railways, government, and enterprises.
Average Trading Volume: 127,021
Technical Sentiment Signal: Sell
Current Market Cap: 108.6B INR
See more insights into RAILTEL stock on TipRanks’ Stock Analysis page.