Railtel Corporation Sees Surge in Trading Activity and Investor Participation

Railtel Corporation of India Ltd, a prominent player in the Telecommunication Equipment industry, has emerged as one of the most active stocks today, with a total traded volume of 43,880,878 shares and a total traded value of approximately Rs 142.57 crores. The stock opened at Rs 313.65, reflecting a gain of 3.35% from the previous close of Rs 296.05, and reached an intraday high of Rs 336.4.
In terms of performance, Railtel has outperformed its sector by 1.46%, marking a notable 9.1% increase over the last two days. The stock's last traded price stands at Rs 318.5, with a 1.66% return for the day, compared to a 1.38% return for the sector and a 0.42% return for the Sensex.

Additionally, the stock's delivery volume on May 2 reached 43.72 lakh shares, a significant increase of 831.79% against the five-day average delivery volume, indicating rising investor participation. Railtel's liquidity remains robust, with a trading capacity of Rs 6.48 crores based on 2% of the five-day average traded value.

Overall, Railtel Corporation of India Ltd has demonstrated strong trading activity and performance metrics today, reflecting its solid position within the mid-cap market segment.