RailTel shares soar 13% on strong Q4 results; key highlights here

Shares of RailTel Corporation of India rallied over 13 per cent in Friday’s intraday trade after it reported a 46.33 per cent year-on-year (Y-o-Y) rise in its profit for the fourth quarter of the previous financial year.

The company’s stock rose as much as 13.6 per cent during the day to ₹336.4 per share. The stock pared gains to trade 10.15 per cent lower at ₹326 apiece, compared to a 0.12 per cent decline in Nifty50 as of 12:52 PM.