RailTel Corp shares soar 45% in just one week. Is there more upside?

Shares of RailTel Corp, a miniratna CPSE under the Ministry of Railways, were the top gainers during the past week, rising as much as 45%. In this surge, the stock also scaled a fresh 52-week high of Rs 246.

In the AGM, held last week, the management said the company showed strong performance in the fiscal year 2022-23 despite challenging market conditions.