RailTel shares rocket 25% in just 2 days! What’s triggering this massive surge?

Shares of Navratna PSU RailTel Corporation of India surged up to 5% to hit an intraday high of Rs 354 on the BSE on Thursday, extending gains for a second consecutive session. The stock has rallied a sharp 25% over this two-day period.The latest surge comes after RailTel was awarded a contract worth Rs 100 crore for the selection of a system integrator to develop and maintain an integrated IT solution for monitoring minor minerals over five years. The project aims to streamline oversight and imp...