The uptick in the Railtel share price came after the company announced that it has secured an order worth Rs 288 crore from East Central Railway
Railway Ministry's public sector undertaking RailTel Corporation of India Ltd has been awarded the Kavach tender for 71 stations over a 502-km route under Danapur and Sonpur divisions of East Central Railway, a company's press statement said on Saturday. "This significant achievement underscores RailTel's commitment to enhancing railway safety and operational efficiency through cutting-edge technology. The Kavach tender, valued at approximately Rs 288 core, is one of RailTel's largest signalling projects. Implementing this system will enhance safety and improve the East Central Railway's overall operational efficiency," the statement added. The Kavach, an indigenous automatic train protection system, is designed to prevent train collisions by automatically applying brakes when loco pilots fail to do it. It is crucial for safe train operations as it can prevent red signal overshoots and train collisions. According to RailTel, this advanced technology will be implemented across the Ea
The uptick in the RailTel share price came after the company announced that it has secured multiple orders of Rs 221 crore
RailTel Corporation of India share slipped 7.69 per cent at Rs 336.10 a piece on the BSE in Tuesday's intraday trade
The capital expenditure (capex) allocation for the railway sector is expected to rise by 20 per cent in Budget 2025-26, according to reports
Under the work order, RaiTel has to provide the client with integrated information technology (IT) based security infrastructure along with various types Of services
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Key projects, including the PLI scheme for train parts, Gati Shakti inclusion, redevelopment of railway stations, and the multitracking project, are opening unparalleled possibilities for the sector
Both orders were received on 6 December 2024 and officially announced on 7 December 2024
The work order is for the operations and maintenance of the existing integrated command communication center of KSCCL, Kakinada
Shares of RailTel Corporation of India surged 6 per cent at Rs 420.75 a piece on the NSE
Railtel Corporation has secured an order to set up, migrate, and manage the data center and disaster recovery sites of Maharashtra Housing And Area Development Authority on cloud
Tech charts show that RVNL, IRCTC, IRFC, RailTel and Texmaco Rail were trading below long-term moving averages on the daily scale; however, select stocks were seen seeking support on the weekly scale.
The uptick in RailTel Corporation of India Ltd share price came after the company announced that it has bagged a work order worth Rs 156 crore from rural development department, Maharashtra.
SJVN, NHPC and RailTel Corp can potentially rally up to 14% from present levels, suggests technical charts. Watch out for these key support and resistance levels going ahead.
Share price of Techno Electric & Engineering scaled up to Rs 1700.70, surging 4.84 per cent per share on the BSE in Monday's intraday trade
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RailTel order book at the end of the June quarter stood at Rs 4,682 crore
The uptick in the stock price came after the company announced that it has secured an order from the Ministry of Railways (Railway Board).
In the past one month, the stock of telecom service provider for Indian Railways has rallied 47 per cent after winning multiple orders worth Rs 161 crore.