Stock market today: Railtel share price jumps 7%. Is this a stock to buy today?
Stock market today: Railtel share price today opened with an upside gap at ₹478.90 apiece on the NSE and touched an intraday high of ₹506
Stock market today: After announcing an order win worth ₹52.66 crore from the Uttar Pradesh Police Recruitment And Promotion Board, Railtel's share price witnessed a sharp upside during early morning deals on Dalal Street. Railtel's share price today opened with an upside gap at ₹478.90 apiece on the NSE and touched an intraday high of ₹52.65, logging an intraday rise of nearly 7 per cent within a few minutes of the Opening Bell.
According to stock market experts, Railtel Corporation has won an order worth ₹52.66 crore, which has created a short-term buzz for Railtel shares. They said that Railtel Corporation had delivered comparatively better quarterly numbers against its peers during Q1FY25. So, one can buy and hold Railtel shares for the near-term targets of ₹525 and ₹550.
