STL Networks shares rise 5% on RailTel contract win
after close1 source ↓written by the desknot a recommendation
- STL Networks surged
- 5%
- after being awarded
- ₹51.93
- contract from RailTel
- ₹250 crore
Shares of STL Networks surged 5% to ₹51.93 after being awarded the lowest bidder status for a ₹250 crore contract from RailTel Corporation. The contract involves the design and deployment of cloud infrastructure solutions at RailTel's data center. This win may enhance STL's revenue prospects and market position.
Not investment advice. For informational purposes only.