RailTel rises on inking MoU with NF Railway to install IDS to avert train-elephant collision

21 Mar 2023 Evaluate

Railtel Corporation Of India is currently trading at Rs. 102.45, up by 0.25 points or 0.24% from its previous closing of Rs. 102.20 on the BSE.

The scrip opened at Rs. 102.20 and has touched a high and low of Rs. 103.40 and Rs. 102.20 respectively. So far 39120 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 148.70 on 28-Nov-2022 and a 52 week low of Rs. 84.00 on 31-Mar-2022.

Last one week high and low of the scrip stood at Rs. 110.05 and Rs. 101.50 respectively. The current market cap of the company is Rs. 3296.04 crore.

The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 5.23% and 21.93% respectively.

RailTel Corporation of India and the Northeast Frontier (NF) Railway have signed a Memorandum of Understanding (MoU) to install an Intrusion Detection System (IDS) to avert train-elephant collisions. Installation of IDS in important sections is one of the many initiatives taken by the NF Railway to prevent and detect movement of wild animals, especially elephants, approaching the tracks.

The system is based on Artificial Intelligence (AI) and existing optical fibres will be used as sensors to identify movements of wild animals at locations and alert control offices, station masters, gateman and loco pilots. It uses fibre optic based acoustic system working on the principle of dialysis scattering phenomenon to sense the real time presence of elephants on the track. The AI based software can monitor unusual movements up to a stretch of 60 km. In addition, the IDS will also help in detecting rail fracture, trespassing on railway tracks and send out alerts on unauthorised digging near railway tracks, landslides near tracks etc.

RailTel Corporation a ‘Mini Ratna (Category-I)’ PSU is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The company provides broadband telecom and multimedia network across the country.

Railtel Corporation Of India Ltd. Share Price

364.90 0.30 (0.08%)
22-Nov-2024 16:59 View Price Chart
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