RailTel Corporation of India has grabbed attention after securing multiple work orders worth ₹137.82 crore. The company received a ₹14.71 crore contract from the Airports Authority of India (AAI) in Chennai for upgrading surveillance systems, including servers, storage, and networking, with a three-year warranty and maintenance support.
Additionally, RailTel bagged three major contracts totaling ₹123.11 crore from the Bihar Education Project Council (BEPC), further strengthening its order book.
Despite these wins, RailTel shares ended 1.21% lower at ₹323.75 in the previous session, with a market cap of ₹10,390 crore. The stock has seen a rollercoaster ride—dropping 11% in the past year but surging 181% over two years. It hit a 52-week low of ₹301.35 in March 2023 and a record high of ₹618 in July 2024.
With a high beta of 1.9, RailTel remains a volatile stock, while its Relative Strength Index (RSI) of 32.8 suggests it is currently in a neutral zone on technical charts.