Railway Stock in Focus After Receiving Rs.334 Cr Order from Ministry of Railways
Bengaluru, June 23 -- Indian Railways has been on a quiet but steady march toward going paperless - and the government is turning to its own technology arm to make that happen. Years of piecemeal digitisation are now giving way to something more structured, with ministry-wide mandates pushing zonal offices and administrative units onto unified digital platforms. The latest contract out of New Delhi is a direct product of that push, and it puts one PSU squarely at the centre of the effort.
Shares of Railtel Corporation of India Limited, with a market capitalization of Rs.10,188 crore, are trading at a price of Rs.318 i.e. 1.54% down from its previous closing price of Rs.323.5. It is trading at a P/E ratio of 54.2.
A Rs.334 Crore Mandate ...
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