RailTel Corporation share price up 2% on order win worth Rs 36.35 croreMoneycontrol • 24 days ago
RailTel Corporation of India: The contract is to be executed by July 19, 2024.
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Railtel Corp of India secured an order worth Rs 351.95 crore from the Municipal Corporation of Greater Mumbai and another order worth Rs 130.60 crore from the State Project Director (SPD) Bihar Education Project Council (BEPC).
Railtel Corporation of India, AVG Logistics, and Swan Energy touched a 52-week high.
According to Bhandari, every bull market has a new leader, and sectors that shine the most during a particular bull run will not do as well in the subsequent one.
The fall in railway stocks is because of execution not keeping pace with growth expectations and fears of a slowdown in order inflows ahead of the Lok Sabha elections, analysts said
The BSE PSU Index, which had gained over 12 percent YTD, fell 4 percent to close at 17,568 on February 12
The share touched a 52-week high of Rs 374.20 and a 52-week low of Rs 96.20 on 15 January, 2024 and 28 March, 2023, respectively.