RailTel Corporation of India Limited is an information and communications technology ('ICT') infrastructure provider and is one of the largest neutral telecom infrastructure providers in India. This is a Mini Ratna (Category-I) Central Public Sector Enterprise, wholly-owned by the Government of India and under the administrative control of the Ministry of Railways.
As per financials, sales are increasing gradually, but margins are decreasing. The Telecom sector is growing at good rate, and current situation has given extra push to the sector. But due to very high competition companies of this sector not performing well. RailTel is expected to perform better due to monopoly and high expansion plan of Railway. So we give "SUBSCRIBE" rating to this IPO and one may invest from long term perspective also with regular dividend income.
No financial information whatsoever published anywhere, within this video, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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