Indian Railways' PSU stock locked at 16% upper circuit to hit 52-week high on winning back-to-back orders
RailTel Corporation Share Price: Shares of Indian Railways' public-sector undertaking (PSU) stock RailTel Corporation of India were locked at over 16 per cent upper circuit to hit its fresh 52-week high mark of ₹348 apiece on the BSE, after securing back-to-back work orders this week. On Wednesday, RailTel Corporation informed the stock exchanges that it had received the work order from Bihar Education Project Council for the supply of teaching learning material for class I to III under rate contract amounting to ₹76.19 crore (including GST).
The following day, RailTel received another work order amounting to ₹120.45 crore (including GST) from South Central Railway for comprehensive signalling and telecommunication works for provision of automatic block signalling system in Yermaras-Nalwar section of the Guntakal division in South Central Railway. MORE TO COMEMilestone Alert!
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