RailTel Share Price Jumps 2% on Winning Repeat Order from SBI
· Business · Business Standard
RailTel Corporation of India shares rose 2 percent following the acquisition of a repeat order from the State Bank of India. The project entails providing comprehensive connectivity solutions across designated branches and offices. The financial value of the contract was detailed alongside the announcement, reflecting ongoing expansion in the company's public sector order book. RailTel specializes in telecom infrastructure and railway signaling systems across the country. The deployment timeline and execution phases will proceed according to the agreement terms established with the bank.
Why it matters
The repeat order strengthens RailTel's revenue visibility and underscores its standing as a primary technology and connectivity partner for major public sector banks in India.
Read the original report — Business Standard
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