01-01-1970 12:00 AM | Source: Reuters
RailTel Corp of India jumps 16% above IPO price in market debut
BENGALURU- 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 internet services along India's railway tracks and at railway stations, opened at 109 rupees in pre-open trade, after raising 8.19 billion rupees ($112.01 million) in an initial public offering.
Latest News
Indian electronics industry sees impressive 154 pc g...
Evening Roundup : A Daily Report on Bullion Energy &...
India`s Bajaj Auto beats Q4 profit estimates on dema...
Sell Gold Below 72300 SL ABOVE 72500 TGT 72000/71700...
Manipal Digital Expands its Global Footprints
FIIs stood as net sellers in equities as per April 1...
Atal Incubation Centre - Centre for Cellular and Mol...
Daily Market Commentary : On the global front invest...
Post-market comment by Mandar Bhojane, Choice Broking
Indian shares extend fall as volatility rises before...