SBI Mutual Fund, the largest fund house in terms of equity assets, subscribed to the MTAR Technologies IPO. The investment is worth Rs 70 c...

The debutant rose despite a selloff in the broader market.

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

The non-institutional investor category was subscribed 73.25 times.

Analysts have largely been positive on the issue, as the Mini Ratna firm is debt-free and has been a consistent dividend payer.

Asian stocks fell on Friday, following a dip on Wall Street as disappointing US jobs data fanned concerns the economic recovery. Australia'...

Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red ...

The issue comprises an offer for sale for 87,153,369 equity shares in the price band of Rs 93-94.

A wholly-owned government subsidiary under the administrative control of the Ministry of Railways, RailTel offers a diversified portfolio o...

The 820-crore issue of the state-owned firm had received bids for 16.13 crore shares, which is 2.6 times of the total issue size of 6.12 cr...

FMCG major Nestle India reported a 2.25 per cent rise in net profit to Rs 483.31 crore for the fourth quarter ended December.

RailTel had on Monday said that it has raised Rs 243.99 crore from 14 anchor investors.

The Mini Ratna is among the largest neutral telecom infrastructure providers in India.

no direct listed peers PSU strong on financials with a good dividend payout record; growth linked to govt policies and its overseas plans

The quota for retail investors in RailTel IPO is fixed at 35 per cent of the net offer.