Railtel shares surge nearly 3% following Rs 19 crore order win

Railtel shares climbed nearly 3% in Friday’s trading session after securing an order from Northern Railways.

The order awarded to Railtel is worth ₹19,69,96,886 (nearly ₹20 crore).

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Key details of the order include:

  • Significant terms and conditions of order: PProvision of Double Distant in connection with DFC Feeder routes (AMG-UTRZBDSOP, ZBD-JNU(EX), ABP(EX)-TD and UCRPFM) over Lucknow Division
  • Entity: Domestic Entity
  • Order Value: Rs. 19,69,96,886

As of 12:22 PM, Railtel shares were trading 2.12% higher at ₹479.50 on the NSE.