Shares of RailTel Company of India Ltd surged 3% on 18 June after the corporate introduced receiving a Letter of Intent (LOI) from Zoram Electronics Improvement Company (Zenics).
The contract is for the execution of the Mizo Fibre Grid Community (MFGN) mission, which is because of be accomplished by 5 September 2026. The anticipated order dimension, in response to the bid, is Rs 43.99 crore.
At its assembly on 15 June 2025, the corporate board accepted the suggestion of a remaining dividend of 8.5% of paid-up share capital (Rs 0.85 per share) for the fiscal 12 months 2024-25. This remaining fee is along with the interim dividends of Rs 2 per share that the corporate has beforehand paid for the fiscal 12 months 2024-25.
Earlier on 11 June, the enterprise obtained a piece order from South Jap Coalfields for Rs 11,94,89,669.
On 12 July 2024 and 03 March 2025, the inventory reached a 52-week excessive of Rs 618 and a low of Rs 265.30, respectively.
At 11:37 am, the shares of RailTel have been buying and selling 1.16% increased at Rs 431.55 on NSE.
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