Shares of RailTel Corporation of India (RailTel) hit a new high of Rs 368.85, as they rallied 9 per cent on the BSE in Monday’s intra-day trade backed of heavy volumes in an otherwise subdued market. In past six trading days, the stock of telecom services provider has surged 27 per cent after winning orders worth of Rs 263 crore. In past two months, it has zoomed 68 per cent. While, in past six months it skyrocketed 182 per cent.
At 10:09 AM; RailTel was quoting 8 per cent higher at Rs 366.10, as compared to 0.16 per cent decline in the S&P BSE Sensex. The counter has seen huge trading volumes with a combined 15.63 million equity shares representing