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Railtel Corporation Bags ₹227.5 Million Order, Shares Rise on Positive Market Reaction


Updated: May 02, 2025 18:40

Image Source: PSU Connect
Railtel Corporation of India Ltd announced the receipt of a fresh order worth ₹227.5 million, strengthening further its business as a major telecom infrastructure and digital services player. The order, confirmed on May 2, 2025, will meaningfully add to the company's revenue and operational growth in the subsequent quarters.
 
In the wake of the announcement, Railtel's stock saw tremendous increase in volumes and price of trading. The stock of the company rose more than 10% on the day, and it was among the top gainers in the market. Trading volumes reached a whopping 381.63 lakh shares on the NSE, an almost 25 times jump above its two-week average, a sign of increased investor interest and confidence in the growth story of Railtel.
 
Railtel remains committed to growing its service portfolio and winning strategic contracts in government and enterprise segments. The new order is viewed as a reflection of the company's strong execution capabilities and its track record of providing dependable, high-quality digital infrastructure solutions across the country.
 
With a strong order book and good market momentum, Railtel is well-placed to take advantage of new opportunities in India's fast-changing digital economy.
 
Source: MarketScreener

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