India's Railtel Corporation gains on $8 million contract

Railtel of India

12/09/2025 07:33

** Shares of Railtel Corporation Of India RAIT.NS rise 1.9% to 370.40 rupees

** The telecom infrastructure provider gets work order worth 709.5 mln rupees ($8 million) from Nashik Municipal Smart City Development Corp

** Order for Nashik and Trimbakeshwar city network backbone along with operations and maintenance Services

** Trading vols more than 2x the 30-day average at 3.6 million shares

** RAIT down ~8% YTD

($1 = 88.3170 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))