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Reading: Shares of this Navaratna PSU surge over 7%; this is why
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StockWaves > Business > Shares of this Navaratna PSU surge over 7%; this is why
Business

Shares of this Navaratna PSU surge over 7%; this is why

StockWaves By StockWaves Last updated: January 2, 2025 6 Min Read
Shares of this Navaratna PSU surge over 7%; this is why
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RailTel Share Worth information: Shares of a Navaratna PSU firm RailTel Company of India, a telecom service supplier, surged over 7 per cent on Thursday, January 2, 2025, as the corporate acquired a brand new order from Bharat Coking Coal Restricted.

At round 1 pm, the inventory was up round 4.5 per cent or Rs 18.2 at Rs 423.15 apiece, whereas on the day’s excessive it scaled Rs 433.95 per share

The PSU firm has bagged an order amounting to Rs 78.43 crore for Built-in IT-based safety infrastructure along with varied kind of providers. And, the mentioned contract needs to be accomplished by August 28, 2025, added the corporate’s submitting with the inventory exchanges.

 

RailTel Inventory Previous Efficiency: Delivered 20 per cent up to now yr

Over one yr the RailTel inventory has given a return of 20 per cent, outperforming the Nifty50 index. In the meantime, the 50-share basket has given a return of 10.57 per cent in the identical interval.

Based mostly out of Delhi, the corporate gives broadband and VPN providers. The corporate additionally gives telecom & IT infrastructure consultancy providers. 



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