New Delhi, Feb. 24 -- RailTel Corporation of India's share price rose nearly 2 per cent on February 24 after the company secured a work order from East Central Railway worth Rs.2,88,14,67,426.

The work order involves implementing Kavach, an indigenous Train Collision Avoidance System, on a low-density railway track spanning 502.2 RKm in East Central Railway, with completion scheduled by February 20, 2027.

"RailTel Corporation of India Ltd. ("the Company") has received the work order from East Central Railway for works amounting to Rs.2,88,14,67,426 (Including Tax)," said RailTel.

On February 20, the company secured a work order from the High Court of J&K and Ladakh for a service contract valued at Rs.22,44,28,034.

On February 12, the ...