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RailTel shares surge 6% on ₹144 cr CCTV project from Gujarat govt
short by / on Thursday, 24 October, 2024
RailTel Corporation of India Ltd surged 6% following the announcement of a ₹144 crore contract from the Gujarat Government for CCTV video surveillance systems. The stock hit an intraday high of ₹420.55 before settling at ₹412.85. The project, awarded by the Home Department, is set for completion by May 21, 2025, enhancing the company's portfolio in telecom services.
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