Navratna PSU Stock, Railtel shares to gain focus after receiving Rs 49 crore order
Despite being a multibagger stock, RailTel has experienced a 13% decline over the past year, while gaining 227.71% over the last two years.
Navratna PSU Stock, Railtel shares to gain focus after receiving Rs 49 crore order
Navratna PSU, RailTel Corporation of India Ltd, has received a work order from North Frontier Railway for the provision of a Video Surveillance System, amounting to Rs 49,67,96,195 (including tax). The completion deadline for this order is May 5, 2026.
Despite being a multibagger stock, RailTel has experienced a 13% decline over the past year, while gaining 227.71% over the last two years. The stock hit a 52-week low of Rs 301.35 on March 14, 2023, and later reached a record high of Rs 618 on July 12, 2024.
In terms of technical indicators, RailTel's relative strength index (RSI) currently stands at 41.4, suggesting that the stock is neither overbought nor oversold according to chart analysis.
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : Scindia inaugurates North East Investment Roadshow in Chennai