Shares of Gurugram-based STL Networks jumped 5% on Wednesday to hit a day's high of Rs 51.93 on the NSE after the company emerged as the lowest bidder for a Rs 250 crore contract floated by RailTel Corporation of India.
According to a filing with the exchange, the contract is for design, supply, installation, testing, commissioning, configuration, integration, migration, and deployment of cloud infrastructure solution at RailTel data center and disaster recovery site.