RailTel shares jump 4% after fresh ₹50 crore contract wins
Shares of RailTel Corporation of India jumped 4% to the day’s high of ₹373 on Thursday after the public sector telecom infrastructure provider bagged two new contracts worth nearly ₹50 crore from government entities in Kerala and Odisha.
RailTel said it secured a contract of ₹34.99 crore from the Kerala State Information Technology Mission to provide data centre operation services and maintenance of the State Data Centres for five years.
Separately, it received a ₹15.42 crore contract from the Higher Education Department of Odisha for the design and development of CMS-based bilingual websites for colleges under the department.
