RAILTEL (Railtel Corporation Of India Ltd.): Order Win
Railtel Corporation of India informed the exchange on 3 September about the cancellation of a Letter of Acceptance, according to the NSE filing dated 03 Sep 18:34. The disclosure is a termination of an earlier order rather than a fresh win, though Strota's system has tagged the event under the order-win type.
For that order-win event type, Strota's historical base rate shows a positive one-month outcome 72.0% of the time across 50 past instances, with a net edge of 1.6%. That is a category-level read and sits awkwardly against a cancellation disclosure; the company's own recent record includes a large order win, with reports from 16-17 days ago describing a 167 crore work order from EPFO for cloud and IaaS services.
On the current footprint, Railtel trades at 271.05 rupees, up 0.06% on the day, with a market capitalisation of 8699.0 crore, a price-to-earnings ratio of 25.21, a price-to-book of 3.85, earnings per share of 10.75 and a return on equity of 16.3%. Technically it is weak: RSI 34.6, relative volume 0.3, below both its 50- and 200-day averages, 34.39% under its 52-week high of 412.9 and 10.57% above its 52-week low of 245.0. It has slipped 2.92% over the past week, 6.45% over the past month and 23.09% over the past year.
The data establishes a cancellation filing, not a catalyst for gains. The attached base rate is for a different flavour of event, and the price and technicals reflect a stock already under pressure.
The catalyst
Railtel Corporation Of India Limited has informed the Exchange regarding 'Intimation regarding cancellation Letter of Acceptance'. (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.
RAILTEL right now
trading +0.06% on the day; P/E 25.21; RSI 34.6. Full RAILTEL analysis →
Sources
- Railtel Corporation Of India Limited has informed the Exchange regarding 'Intimation regarding cancellation Letter of Acceptance'. — NSE
- Railtel Corporation Of India Ltd. Shareholding Pattern – Promoters, FIIs & DIIs — Value Research
- Railtel Corporation Of India Ltd. Financials – Balance Sheet, Profit & Loss, Cash Flow — Value Research
- RailTel Corporation Of India Ltd. Secures Work Order From Cotton Corporation Of India Ltd. For Renewal Of Cloud Data Center Hosting For Hardware And Software For Oracle EBS, E-Office, BITS, Cotbiz And Kapas Kisan Applications — marketscreener.com
- Railtel Corp Share Price Soars Over 7% After Order Win From EPFO — NDTV Profit
Keep digging
- RAILTEL — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
- Today's screens: every stock matching the same setups (buildups, breakouts, volume shockers).
- Newsroom: the other stocks in play this session.