- Share.Market
- 3 min read
- Published at : 02 May 2025 01:00 PM
- Modified at : 02 May 2025 02:18 PM
RailTel, RVNL Surge on Strong Technicals
As of 1 PM, RailTel Corporation of India Ltd. (CMP ₹324, Stop Loss ₹300) surged 11%, breaking out of its channel with a significant spike in trading volume. This sharp rally followed the release of the company’s Q4 FY25 results, reporting a 57% year-on-year jump in revenue to ₹1,308 crore and a 46% surge in net profit to ₹113.45 crore.
From a technical perspective, RailTel is trading above its crucial 10-day and 21-day moving averages, signaling short-term strength. The MACD indicator shows positive momentum, and the RSI above 50 confirms bullish sentiment, supporting the ongoing uptrend.
RailTel, a Mini Ratna (Category-I) PSU, operates one of India’s largest neutral telecom infrastructure networks, with pan-India optic fibre coverage along railway tracks. The company serves major towns, cities, and rural regions, covering around 70% of India’s population. With a strong nationwide footprint, RailTel is at the forefront of broadband, telecom, multimedia services, and railway modernization, playing a pivotal role in building India’s digital backbone.
Meanwhile, Rail Vikas Nigam Ltd. (RVNL) (CMP ₹353, Stop Loss ₹320) has also shifted into an uptrend, forming higher lows and showing renewed strength. A bullish hammer pattern has emerged as the stock finds support at its 50-day moving average. Technical indicators like MACD and RSI suggest potential momentum, especially if the stock breaks above this key level. With earnings announcements approaching, market watchers are keen to see how RVNL performs in the sessions ahead.
RVNL plays a crucial role in executing rail infrastructure projects assigned by the Ministry of Railways, including doubling, gauge conversion, electrification, new lines, major bridges, workshops, production units, and metro projects.
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