Railtel Corporation’s shares surged after announcing a significant Rs 107.61 crore order from Mahanadi Coalfields for an MPLS VPN network. This follows another recent win from Thane Municipal Corporation for a citizen engagement platform and a Goa Labour Welfare Board portal. Despite recent short-term dips, the company shows strong long-term returns and robust quarterly earnings growth, with revenue up 28% year-on-year.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.