Hem Securities IPO report on Railtel corporation of india
Company is a Mini Ratna Central Public Sector Enterprise wholly owned by the Government of India & under the administrative control of the Ministry of Railways (“MoR”) & is a information & communications technology (“ICT”) infrastructure provider & is one of the largest neutral telecom infrastructure providers in India.
Valuation and Outlook
Also the edge which company holds over its peers in terms of financial performance makes this issue attractive to deploy the funds in. Hence we recommend investor to subscribe the issue for short & long term.
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