RailTel Corporation of India Ltd selects Techno Electric and Engineering Co. Ltd as partner

RailTel Corporation of India Ltd. ("the Company/RailTel") has selected M/s Techno Electric & Engineering Co. Ltd. ("TECL") as Managed Service Data Centre Partner through open tender process on revenue sharing basis to setup 10MW Data Centre in phases on RailTel's land in Noida. LOI has been issued in this regard. As per the LOI, RailTel will receive revenue share on fixed %age basis.

Shares of Railtel Corporation Of India Limited was last trading in BSE at Rs. 398.50 as compared to the previous close of Rs. 403.10. The total number of shares traded during the day was 133089 in over 2491 trades.

The stock hit an intraday high of Rs. 411.30 and intraday low of 392.50. The net turnover during the day was Rs. 53151458.00.

Source : Equity Bulls

Keywords

RailtelCorporationOfIndia INE0DD101019 Partnership TechnoElectricandEngineeringCo ManagedService DataCenterPartner