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Subscribe to RailTel corporation of india: Hem Securities

Hem Securities has come out with its report on RailTel corporation of india. The research firm has recommended to ''Subscribe'' the ipo in its research report as on February 12, 2021.

February 16, 2021 / 07:49 PM IST

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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