RailTel Corporation of India Reports Cancellation of Work Order from Navodaya Vidyalaya Samiti
Railtel Corporation Of India Limited announced that the work order for the procurement and maintenance of IT Infrastructure projects secured from M/s Navodaya Vidyalaya Samiti has been canceled. The development reports the cancellation due to unavoidable administrative circumstances.The cancellation follows an initial work order that Railtel Corporation of India Limited had secured from the customer. The estimated size of this order, covering the procurement and maintenance of IT Infrastructure projects, was reported to be Rs.17,12,80,662/- (including Tax).
Railtel Corporation of India Limited confirmed that the work order was canceled by the customer, M/s Navodaya Vidyalaya Samiti, citing unavoidable administrative circumstances. The company noted this change in the order status.
RAILTEL Stock Price Movement
On Monday, Railtel Corporation Of India Limited shares shed 0.83% of value, closing the session at ₹284.38. The equity saw active trading, with a total volume recorded at 1.13 million shares.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.