RailTel surges 5%; bags Rs 166.80 crore order extension from EPFO

RailTel Corporation of India has secured a work order extension from the Employees Provident Fund Organisation for infrastructure services, the company informed stock exchanges. The share price of RailTel jumped 5% in early trade on the back of the news.

RailTel gets Rs 166.80-crore EPFO order extension for IaaS services

The Navratna public sector undertaking said the order pertains to the extension of its existing work order with EPFO for a period of one year. The extension covers Infrastructure-as-a-Service, or IaaS, to be provided through RailTel, and includes additional components as part of the renewed scope.

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