Shares of RailTel Company of India Ltd surged 3% to the touch a day’s excessive of Rs 315.50 on twenty fourth February after the corporate introduced securing an order value Rs 288 crore from East Central Railway.
The venture includes implementing Kavach, an Indigenous Prepare Collision Avoidance System, on a low-density railway observe spanning 502.2 RKm in East Central Railway.
As acknowledged in its official announcement, the corporate should full the order by twentieth February 2027.
RailTel’s Relative Power Index (RSI) is 34.5, indicating the inventory is neither overbought nor oversold on the charts. At present, the corporate’s market capitalisation stands at round Rs 9,973 crore.
At 11:22 AM, the shares of RailTel had been buying and selling 1.52% increased at Rs 310.15 on NSE.
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