Digital Infrastructure And Railway Projects Will Offset Overvaluation Concerns

Despite a significant increase in consensus revenue growth forecasts and a notable reduction in forward P/E ratio, the consensus analyst price target for RailTel Corporation of India has been revised downward from ₹270.00 to ₹247.50. What's in the News Secured major work orders including INR 2.64 billion for deploying Kavach, a Train Collision Avoidance System, on East Central Railway tracks, and INR 2.43 billion for supply to the Bihar Education Project Council.