From Business Today:

RailTel Corporation of India Ltd shares surged 13.97%, hitting an all-time high of Rs 483.65. Trading volume was heavy at 15.28 lakh shares on BSE, well above the average. Market cap stands at Rs 15,087.31 crore as the stock gained 402.76% from its one-year low of Rs 96.20 last year.

Technical analysts identify support at Rs 460 and resistance at Rs 500 for RailTel. Analysts recommend booking profits at current levels and anticipate further upside potential. Market experts forecast support at Rs 460 and resistance at Rs 484, with potential targets at Rs 512-555.

RailTel Corp, an ICT provider with a pan-India optic fiber network, saw a breakout above previous peak levels. Analysts predict a bullish trend with support at Rs 460 and resistance at Rs 522. Investors are advised to monitor support levels closely for potential profit-taking opportunities.



Read more at Business Today: RailTel Corp shares rally 14% to hit all-time high; time to book profit or more upside ahead?