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As On 18-May-2022 10:01
SENSEX
54,669.59
351.12 (0.65%)
NIFTY
16,394.45
135.15 (0.83%)
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  • RailTel Corp gains after board OKs interim dividend

    RailTel Corporation of India advanced 0.88% to Rs 120.65 after the company's board approved an interim dividend of Rs 1.75 per share for the FY 2021-22.



    At the current market price, this translates to a dividend yield of 1.5%.

    The board has fixed 21 January 2022 as the “record date” for the purpose of payment of interim dividend of FY 2021-22.

    RailTel, a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The Optical Fibre Cable (OFC) network covers important towns & cities of the country and several rural areas. The Government of India held 72.84% stake in the company.

    The company's consolidated net profit rose 130.85% to Rs 67.50 crore on 26.69% rise in net sales to Rs 358.49 crore in Q2 FY22 over Q2 FY21.

    Back to news list
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Flash News 18-May-2022
  •  ( 09:31) Indices drift higher in early trade; breadth strong  
  •  ( 09:30) IOCL Q4 PAT drops 31% YoY  
  •  ( 08:29) Asian stocks trading mixed  
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18 May 2022 09:59
3073.50
(0.78 %)
667.60
(1.94 %)
5932.05
(1.63 %)
13039.90
(0.51 %)
709.80
(0.32 %)
3938.65
(0.88 %)
2216.00
(1.14 %)
1092.75
(0.88 %)
1331.25
(1.31 %)
2248.85
(0.16 %)
713.00
(0.37 %)
914.35
(1.16 %)
1544.25
(1.69 %)
264.05
(-0.21 %)
1857.10
(0.85 %)
1615.35
(0.71 %)
913.75
(0.40 %)
7615.45
(1.09 %)
16375.40
(0.32 %)
149.05
(-0.93 %)
235.15
(-1.49 %)
2529.50
(-0.05 %)
467.10
(-0.05 %)
904.30
(1.37 %)
1193.85
(0.46 %)
3487.40
(1.02 %)
1222.35
(2.02 %)
2191.75
(0.72 %)
6211.65
(1.68 %)
494.10
(1.50 %)
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