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The Economic Times

Debaroti Adhikary

Railtel Corp shares gain over 2% after firm wins Rs 108 crore order from Mahanadi Coalfields

Railtel Coal Thane Municipal Corporation

The shares of Railtel Corporation of India gained 2.3% to their day's high of Rs 315 on the BSE on Wednesday after the company announced that it has won a domestic order worth nearly Rs 107.61 crore from Coal India’s subsidiary, Mahanadi Coalfields.

In an exchange filing released in the post market hours of Tuesday, Navratna PSU RailTel said that the order pertains to the establishment of MPLS VPN network for Mahanadi Coalfields on a rental basis for a period of 60 months. The said order is scheduled to be executed by June 30, 2031.

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