Railtel Corporation upgraded to hold on strong financials
pre-market1 source ↓written by the desknot a recommendation
Railtel Corporation of India Ltd received a rating upgrade to hold due to its robust financial performance. Key metrics include net sales of ₹1,668.86 cr, PBDIT of ₹232.70 cr, and net profit of ₹143.59 cr, reflecting a significant operational turnaround. The company achieved a record ROCE of 21.4%, indicating efficient capital utilization.
Not investment advice. For informational purposes only.