Stock Name: #Railtel
Time Frame: Weekly
Short Term SL: 113 WCB
Long Term SL: 103 MCB
BO & Support retest zone: 121-122 & 113-114
Upside Potential: 160 & 185.
#Equity4Life
(1/6)
Time Frame: Weekly
Short Term SL: 113 WCB
Long Term SL: 103 MCB
BO & Support retest zone: 121-122 & 113-114
Upside Potential: 160 & 185.
#Equity4Life
(1/6)
https://twitter.com/Rishikesh_ADX/status/1588550593999953922
Trade as per TREND, Plan your Trade, Trade your Plan. All the levels/views are educational/learning purposes only.
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RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways.
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The Co. is planning to add more services under its portfolio to cover the entire gamut of Enterprise services which shall provide further growth trajectory for RailTel.
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At present, the Co.’s total order book is of Rs. 5,800 crore & it has been winning multi crore orders consistently through competitive biddings.
It has received large orders from the Indian Railways for services like content on demand, video surveillance system & e-office
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It has received large orders from the Indian Railways for services like content on demand, video surveillance system & e-office
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It also has orders from Coal India Limited, Ordnance Factory Board, Indian Air Force, etc, for system integration and bandwidth requirements.
During FY22, capex of ~₹ 117 Crore was incurred mainly on OFC related assets, Telecom & Radio equipment etc.
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During FY22, capex of ~₹ 117 Crore was incurred mainly on OFC related assets, Telecom & Radio equipment etc.
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