RailTel shares close 29% up amidst market sell-off
Market Cap at closing price stood at Rs 3,896 cr on BSE Mumbai, February 26, 2021 : RailTel Corporation of India Limited (“RailTel”), one of the largest neutral telecom infrastructure providers in the country , listed on the exchanges at a 11.27% premium over its issue price. The shares of the company on trading closure settled at Rs 121.40 per share on BSE and Rs 120.60 per share on NSE. The shares touched a high of Rs. 125.50 on BSE and Rs 127.85 on NSE. As per BSE, the total quantity traded stood at 1,58,51,574 shares with a delivery quantity percentage of 22.99%. Quantity traded and delivery quantity percentage at NSE was 12,03,65,893 shares and 30.57 % respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs. 13,62,17,467. The Market Capitalization of the Company post today’s closing price stood at Rs. 3896.19 crores as per BSE data. The issue had received approximately 23,79,717 applications for the IPO which is second highest, after IRFC, amongst the Railway PSU categ