This BSE small-cap company wins an order worth Rs 287.57 crore!

Shares of the company have given about 20 per cent returns in the last one year.

On March 14, 2023, the RailTel Corporation informed in the exchange filing that it has received the work order from the centre for the development of advanced computing for supply, installation, integration, testing and commissioning of IT infrastructure in the green field data centre at New Delhi and Bengaluru along with training and support amounting to Rs 287.57 crore.

Earlier, the company also received a work order from Bangalore Metro Rail Corporation Ltd worth Rs 27.07 crore and a comprehensive annual maintenance contract amounting to Rs 6.22 crore.

Railtel Corporation of India Ltd is engaged in the business of information and communications technology (ICT) infrastructure providers and is one of the largest neutral telecom infrastructure providers in India.

Today, the stock opened at Rs 108.75, with a high and low of Rs 110.05 and Rs 106.95. The stock previously closed at Rs 105.10. The stock is currently trading at Rs 107.40, up by 2.19 per cent. 

In the last six months, the shares of the company have given about -0.50 per cent returns and in the last 1 year, the stock has given 20 per cent returns.

 The stock has a 52-week high of Rs 148.70 and a 52-week low of Rs 84. The company has a ROCE of 19.5 per cent and an ROE of 14.2 per cent with a market capitalisation of Rs 3448.48 crore.