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RailTel Corp. of India Ltd. ( (IN:RAILTEL) ) has issued an update.
RailTel Corporation of India Ltd. has secured a significant domestic contract from the Office Of The Registrar General & Census Commissioner, India, valued at approximately INR 1.48 billion. This contract involves the procurement of comprehensive AMC services for servers, storages, network, and network security devices, along with the renewal of licenses, to be executed by December 21, 2030. This order underscores RailTel’s strong positioning in the Indian telecommunications sector, enhancing its service portfolio and potentially boosting its financial performance.
More about RailTel Corp. of India Ltd.
RailTel Corporation of India Ltd. operates in the telecommunications industry, providing a range of services including broadband and VPN services, data center and managed services, and more. The company focuses on leveraging its extensive fiber optic network across India to offer high-speed internet and other connectivity solutions.
Average Trading Volume: 76,831
Technical Sentiment Signal: Sell
Current Market Cap: 105.8B INR
For detailed information about RAILTEL stock, go to TipRanks’ Stock Analysis page.