Shares of RailTel Company of India Ltd fell 1% after hitting a day’s excessive of Rs 402.50 on 18th September. This occurred regardless of the corporate saying that it had obtained a piece order value Rs 105.74 crore. The order includes the procurement, provide, and set up of Good Lecture rooms/KBGVs in Bihar.
RailTel mentioned it has obtained a piece order from the State Venture Director, Bihar Training Venture Council, value Rs 105.74 crore (together with tax). The contract might be accomplished in 5 months.
The inventory has gained 283% in three years. It hit a 52-week low of Rs 265.30 on third March, 2025, and a document excessive of Rs 484 on twentieth September, 2024.
Technically, RailTel’s Relative Energy Index (RSI) is 68.4, indicating the inventory is neither overbought nor oversold.
At 12:32 PM, the shares of RailTel had been buying and selling 0.99% decrease at Rs 396.95 on NSE.
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