Live Breaking News & Updates on Railtel shares

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Budget throws spotlight on more than 50 stocks from 7 sectors

Within the confines of the available fiscal space, the government is channeling enough for capex which is almost 40% of the additional total outlay. This is being directed to roads, railways, and defence and it can have positive linkage effects with industries like steel, cement, capital goods etc, Way2Wealth said.

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Railtel shares surge over 7%, hit fresh 52-week high. Here's why

This multibagger counter has given returns of over 180% in 2023, significantly outperforming the Nifty which has delivered an impressive 19% returns over a one-year period

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Railtel shares rally 3% on winning Rs 66-crore order from NF Railway Construction

RailTel Corporation of India shares reclaim Rs 300 mark after the Mini Ratna firm receives a work order from NF Railway Construction worth Rs 66.83 crore.

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Suzlon Energy among 4 stock ideas for the coming week: Vaishali Parekh, Prabhudas Lilladher

Suzlon Energy has been identified among the top four trading ideas of the week ahead by Vaishali Parekh of Prabhudas Lilladher. Parekh set the target at Rs17 ($0.23), with a stop loss of Rs13. The stock has witnessed a recent increase in bias and sentiment with movement towards a positive reversal, Parekh wrote. Other stock tips included Railtel with a target of Rs140 and BSE, with a target of Rs685.

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RailTel makes a decent debut — shares list on bourses at 16% premium

RailTel makes a decent debut — shares list on bourses at 16% premium
Navdeep YadavFeb 26, 2021, 10:12 IST
BCCL
The shares of RailTel listed at about 16% higher at ₹109 apiece, compared to the IPO issue price of ₹93-94 per share.
Within minutes after listing, the shares of RailTel gained 7% of their value and were trading at ₹111.7 apiece at 10:05 am in an otherwise tepid market.
The listing is also in line with analysts expectations — which predicted listing gains above 15%.
Check out the latest news and updates on Business Insider.The ₹819 crore ($112 million) initial public offering (IPO) of state-run RailTel Corp made a decent debut after a tremendous investor response. The shares of RailTel listed at about 16% higher at ₹109 apiece, compared to the IPO issue price of ₹93-94 per share.

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RailTel Corporation debuts at 16% premium over issue price of Rs 94

RailTel Corporation debuts at 16% premium over issue price of Rs 94
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RailTel Corp of India jumps 16% above IPO price in market debut

Shares of state-owned RailTel Corporation of India Ltd opened nearly 16% higher than the issue price in their market debut on Friday.Shares of the company, which provides telecom infrastructure and In

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RailTel IPO: RailTel Corp to get listed on Friday. Can it do a Nureca in debut trade?

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NEW DELHI: Railtel Corporation is all set to make market debut on Friday, and after Nureca got listed at a 59 per cent premium today, hopes are high that the state-run firm, too, will see a strong debut.
Grey market trends suggest the stock indeed may see decent listing gains, but that may not be enough for it to replicate Nureca's performance in debut trade.
Marketmen tracking grey market trends said Nureca's strong listing might not have any major impact on RailTel's debut, but the recent improvement in the secondary market sentiment would.
They said Nureca's was a small Rs 100 crore initial public offer (IPO) and had, thus, witnessed huge demand. In comparison, RailTel was a large Rs 819 crore issue. The railway firm has reported single-digit sales and profit growth for the past couple of years, while Nureca logged solid growth for the same period.

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RailTel IPO shares allocation today: How and where to check status

RailTel IPO shares allocation today: How and where to check status
The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer
BusinessToday.In | February 24, 2021 | Updated 12:50 IST
RailTel shares are proposed to be listed on BSE and NSE on February 26
RailTel Corporation of India will finalise the allotment of its initial public offering (IPO) on Wednesday. The IPO of state-owned RailTel Corporation, which closed last week, was subscribed 42.42 times. The retail individual investor's segment was subscribed 16.78 times while qualified institutional buyers (QIBs) category 65.14 times and non-institutional investors 73.25 times. However, this was far less than 111.95 times for IRCTC and 67.24 times for Rites.

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RailTel IPO: RailTel IPO allotment status: Here's how you can check it

RailTel received 23,79,717 applications for shares, the second best for a Railway IPO since IRFCs 25,51,325.

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