RailTel Corporation secures Rs 22.78 crore order from the Department of Posts for a 5-year project

Railtel Corporation of India Ltd. is currently down 0.98% to Rs 227.05, extending a recent decline that has seen the stock slip 4.42% over the last one week.

RailTel Corporation of India Ltd. announced it has received a Letter of Acceptance (LoA) from the Department of Posts for the provision of Dedicated GPU Compute & Storage Service on an OPEX basis for a period of 5 years. The order, awarded domestically, is valued at Rs 22,77,52,980 (including tax) and is to be executed by November 30, 2031.

Railtel Corporation of India Ltd. shares saw a trading volume of 5.0 lakh today, a 12.12% increase compared to the average volume over the last one week. Railtel Corporation of India Ltd. has declined by 39.60% year-over-year, underperforming the 12.48% loss registered by the NIFTY50 index.