RailTel’s stock price surged over 12% to Rs 488,nearing its 52-week high of Rs 491.
This rise follows a work order win of Rs 20.22 crore from South Central Railway.
RailTel’s year-to-date performance is outstanding, with a gain of over 44%, significantly outperforming the Nifty 50 index’s 8% rise.
It seems investor confidence in RailTel is high, likely due to the new work order and the company’s overall strong performance this year.