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RailTel Secures Major Contract with Hindustan Petroleum

TipRanks · last updated

The latest update is out from RailTel Corp. of India Ltd. ( (IN:RAILTEL) ).

RailTel Corporation of India Ltd. has secured a significant order from Hindustan Petroleum Corporation Limited valued at Rs. 25.15 crore, excluding taxes. This five-year domestic contract involves the renewal and potential expansion of MPLS/ILL links, enhancing RailTel’s service offerings and strengthening its position in the telecommunications sector.

More about RailTel Corp. of India Ltd.

RailTel Corporation of India Ltd. is a Navratna public sector undertaking in India, operating in the telecommunications industry. The company provides broadband and VPN services, primarily focusing on the Indian market.

YTD Price Performance: -23.51%

Average Trading Volume: 188,184

Current Market Cap: 99.41B INR

For an in-depth examination of RAILTEL stock, go to TipRanks’ Stock Analysis page.

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