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Business StandardNewspapersTelecom

RailTel stock soars 18% on heavy volumes; up 331% in 1 year

Binu Mathew
By Binu MathewJuly 15, 2024

Shares of RailTel Corporation of India (RailTel) hit a new high of Rs 611.10, surging 18 per cent on the BSE in Friday’s intra-day trade amid heavy volumes.

In the past one month, the stock of telecom service provider for Indian Railways has rallied 47 per cent after winning multiple orders worth Rs 161 crore. In the past one year, the stock price of RailTel has zoomed 342 per cent, as compared to 23 per cent rise in the BSE Sensex.

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