RailTel’s September order frenzy: 12 deals, Rs 1,223 crore booked— What next for investors?
Railway stocks have been buzzing lately, but one stock that has been in the limelight is RailTel Corporation of India. The share price of RailTel Corporation has risen 10% in the last five trading sessions and it has delievered 17.5% return since the beginning of September. The rally in the stock has been accompanied by a long list of new order wins as well in September.
The RailTel order book has seen a sudden spurt in September. The company has bagged a total of 12 new orders in September so far. The order book for the month stands at Rs 1,223 crore, and this buzz is evident in the extent of the rally seen in the stock since the beginning of the month.
