RailTel Corporation bags order worth Rs 294 crore from Tamil Nadu govt

RailTel Corporation of India Ltd. has announced to the exchanges regarding receipt of the major order from Tamil Nadu government.

According to the filing, the company received the work order from Tamil Nadu State Marketing Corporation Ltd. ("TASMAC") for Implementation of the Project on Integrated Solution enabling End-to-End computerization & connectivity of Core and Support functions of TASMAC.

The project for a period of 5 years amounting to Rs 294.37 crore (including taxes), the company stated to the exchanges.

On Tuesday, shares of RailTel Corp were trading at Rs134.40 per share higher by 4.96% on the BSE.

Source: Media Reports