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RailTel share price: The stock was last seen trading 7.48 per cent higher at Rs 408.55 on Friday. Considering this price, it was down 11.05 per cent from its one-year high value of Rs 459.30, a level seen earlier this year on January 25. ....
Updated Mar 04, 2021 | 18:24 IST RailTel expects to rake in Rs 10-15 crore in revenues annually from its paid high-speed wifi service launched across 4,000 stations. RailTel launches Wi-fi plans at 4000 railway stations; first 30 mins free | Photo Credit: Representative Image Key Highlights In pre-Covid time more than 2.9 cr people were using the service monthly. More than 5,950 Indian railway stations have the facility of wifi State-run RailTel Corporation of India, under the Ministry of Railways, has launched its high-speed Wi-Fi service at more than 4,000 railway stations across the country. The central public sector enterprise (CPSE) as part of its Railwire Wi-Fi service has launched several high-speed prepaid plans. They provide 30 minutes of free access per day at 1 Mbps speed across the eligible railway stations after which users can choose a plan with higher speed by paying a nominal fee. ....
NEW DELHI: RailTel Corporation of India s Rs 820 crore initial public offer (IPO), which has been seeing strong retail participation at bids totaling 11 times the issue size so far, closes for subscription on Thursday. Surprisingly, the premium that unlisted shares of the company were enjoying in the grey market has plunged over the past few days. Analysts have largely been positive on the issue, as the Mini Ratna firm is debt-free and has been a consistent dividend payer. The RailTel IPO is seeking a fair valuation of 21.4 times PE on a FY20 trailing basis at the upper limit of Rs 93-94 price band, they said. ....
RailTel Corporation Of India IPO Opens Today: Should You Subscribe? moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Updated Feb 16, 2021 | 12:48 IST RailTel s IPO opened for subscription on Tuesday. The price band of the issue has been fixed Rs 93-94. It commanded 37% GMP over the upper band of issue price as of February 16 RailTel IPO opens for subscription: Brokerages weigh in on co s strengths, risks | Photo Credit: PTI Telecom infrastructure corporation company RailTel Corporation of India’s Rs 819.24-crore initial public offer (IPO) opened for subscription on February 16. The Mini Ratna (category-I) company offers 8.71 crore equity shares of the public sector company via the offer for sale (OFS) route. Government of India which holds 100% stake in the company aims to pare its holding to 72.8% in the information & communication technology (ICT) PSU and post-issue public holding will be 27.16%. ....