RailTel Corporation of India Ltd. (CMP: ₹400, Stop Loss: ₹360) gained 3% in today’s session after securing a ₹25.12 crore contract from the Andhra Pradesh Police. The project, focused on deploying integrated security solutions for edge devices, is expected to be completed by June 25, 2025. In my view, this contract reinforces Railtel’s growing relevance in India’s digital infrastructure and security landscape.

As a Mini Ratna PSU with a vast optic fibre network spanning key urban and rural areas, Railtel is uniquely positioned to support India’s digital push. The company’s consistent order inflow, coupled with its strategic assets and expertise in broadband and surveillance, makes it a compelling long-term play. Technically, the stock is showing strength, and with a stop loss at ₹360, it remains attractive.

Rites Ltd.(CMP: ₹287, Stop Loss: ₹260) also posted a 3% gain, bouncing off its 9-day moving average with rising volumes — a positive sign. RITES’ diversified role across transportation infrastructure, from railways to urban transit, and its export and turnkey capabilities, make it a strong candidate for continued re-rating if momentum sustains. Stop loss is suggested at ₹260.

Source: NSE

RITES Ltd. is a multidisciplinary engineering and consultancy organization offering a comprehensive range of services across the entire project lifecycle — from concept to commissioning — in the transport infrastructure and related technology sectors.

Note: Charts and prices are as of 1 PM.

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