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 equities today, with a total traded volume of 7,381,769 shares and a total traded value of approximately Rs 245.62 crores. The stock opened at Rs 318.0, reflecting a gain of 2.66% from the previous close of Rs 309.75, and reached an intraday high of Rs 338.4, marking a notable increase of 9.25% during the trading session.
Over the past five days, Railtel has shown a strong performance, gaining 21.83% and outperforming its sector by 6.43%. The stock's last traded price stands at Rs 336.7, indicating a one-day return of 8.83%, significantly higher than the sector's return of 0.85% and the Sensex's return of 0.56%.

Investor participation has also seen a rise, with a delivery volume of 116,100 shares on March 21, reflecting a 104.97% increase compared to the five-day average. The stock remains liquid, suitable for trades up to Rs 2.12 crores based on 2% of the five-day average traded value. Overall, Railtel Corporation of India Ltd continues to demonstrate robust activity and performance in the market.