This railway share became a rocket! Investors’ fun in just 2 days, gave huge return of 25%

There is tremendous movement these days in the shares of companies related to Indian Railways. Shares of RailTel Corporation of India gained such momentum on Thursday that investors went crazy. The stock rose nearly 5% to an intraday high of Rs 354 on BSE. The most surprising thing is that this stock has created a stir in the market by jumping by about 25% in just the last two days.

Why did the shares rise so rapidly?

The reason behind this tremendous rise in the shares of RailTel is that the company has got a big contract. The company has recently received a new contract worth Rs 100 crore. Under this project, the company has to prepare an advanced IT system for monitoring minor minerals. RailTel will also be responsible for the maintenance of this system for the next 5 years. With this technology, monitoring and tracking in the mineral sector will become better than ever before, the direct benefit of which will be visible in the company’s revenue.

Flood of orders, big projects received from RVNL

Not only Rs 100 crore, earlier this week also the company had received several big orders worth about Rs 608 crore, which further strengthened the confidence of investors. RailTel has informed that it has received two big infrastructure projects from Rail Vikas Nigam Limited (RVNL). In this, the first order is worth Rs 309.27 crore, in which communication system is to be installed in 42.7 km long tunnels (T-1 to T-7).

At the same time, the second order is worth Rs 255.27 crore, under which state-of-the-art systems will be installed in Tunnel T-8 to T-11 and 4 railway stations. These projects will include high-tech facilities like CCTV cameras, public announcement system and emergency calls. The company has to complete both these big works by 12 April 2028.

Big deal with UP Police too

Apart from railways, RailTel has strengthened its hold in other sectors also. The company has received work worth about Rs 43.96 crore from the Uttar Pradesh Police Recruitment and Promotion Board. Under this, the company will have to provide security and technical services during police recruitment examinations. The company has clarified that all these contracts are completely transparent and the promoter group has no personal interest in it.

Share movement: 30% jump in a month

If we look at this year’s performance, the stock is still down about 7%, but the recent rise has compensated for the old losses. If we look at the data of last one month, RailTel shares have shown a strong rise of about 30%. Continuously receiving big government orders has made this railway stock the first choice of investors.