New Delhi, September 17 (Udaipur Kiran): Shares of RailTel Corporation of India traded higher on Tuesday after the company announced it had received a Letter of Acceptance (LoA) worth ₹57.48 crore from the Bihar State Educational Infrastructure Development Corporation.

The order, placed under the PM-USHA Scheme, is for the development of hybrid smart classrooms and ICT labs at various colleges and universities across Bihar. The project is expected to be executed by March 16, 2026.

On the BSE, RailTel was trading at ₹401.45, up 1.20% from its previous close of ₹396.70. The scrip opened at ₹404.00 and touched an intraday high of ₹413.10 and a low of ₹400.00, with 35,018 shares traded so far.

The BSE Group ‘A’ stock, with a face value of ₹10, has a 52-week high of ₹484.00 (Sep 20, 2024) and a 52-week low of ₹265.30 (Mar 3, 2025). Over the last week, the stock traded between ₹413.10 and ₹361.05. The company’s market capitalization currently stands at ₹12,731.63 crore.

As per the latest shareholding data, promoters hold 72.84%, institutions 4.46%, and non-institutions 22.70%.

About RailTel

RailTel Corporation of India is a leading information and communications technology (ICT) infrastructure provider and one of the largest neutral telecom infrastructure providers in the country.