In FY24, RailTel targeting Rs 2,500-2,700 cr revenue, 25% plus growth over last financial year: Chairman

Sanjai Kumar, Chairman & MD, RailTel, says “the Make in India initiatives and other things will encourage the new players on OEM side also to join and we are actually in discussion with a few OEMs who are likely to or are thinking of joining this industry. They are already in some other countries. So, a few foreign OEMs are in talks with us.”

In the last two months, RailTel share price has surged 62% and the shareholders would definitely be happy with this development. Could you please explain fundamentally what has changed for RailTel over the last two months?