RailTel Corporation of India share price jumped over 3% in early trade on July 15 after
the company secured a significant work order worth ₹264 crore from East Central
Railway. This surge has caught the attention of intraday trading enthusiasts and
investors looking for smart stock market strategy opportunities, as such large
government contracts often act as strong triggers for short-term price movements.
At 09:20am, Railtel Corporation of India was quoting at Rs 424.05, up Rs 14.35, or 3.50
percent on the BSE.
The order include provision of Kavach (indigenous Train Collision Avoidance System)
on low density railway track in 607 RKm of East Central Railway.
The said order is to be executed by July 14, 2027.
[Also Read - From ₹380 to ₹480? RVNL Share Price Jumps on Big Order — Check
Stock Market Strategy for RVNL]
Earlier in this month, the company has received the work order from Indian Overseas
Bank for TENDER amounting to Rs 10,27,11,362 and also received the work order from
General Administration Department (Gad) Chhattisgarh for a work-order amounting to
Rs 17,47,74,625
Also, received the LOI from Central Warehousing Corporation for work order amounting
to Rs 96,99,80,118.
The share touched a 52-week high of Rs 580.80 and a 52-week low of Rs 265.30 on 16
July, 2024 and 03 March, 2025, respectively.
Currently, the stock is trading 26.99 percent below its 52-week high and 59.84 percent
above its 52-week low.
The market capitalisation of the company stands at Rs 13,609.39 crore.
Stock Market Strategy
Recommended Entry: ₹415–₹420
Primary Target: ₹450 | Secondary Target: ₹480 | Longer-Term Target: ₹520
Recommended Stop Loss: ₹400
Level up your investing game. Get an advanced Stock Market Strategy. Register now
- www.intensifyresearch.com or call -9111777433
Investment in the securities market is subject to market risks.