Analysts had advised against booking profit and exiting the stock in case of a listing at a premium as they believe the company is a long-term bet with good business prospects.
"Investors should wait and hold the stock as it is a good story. RailTel has good prospects and it will get business from Indian railways and private players in the future. I am positive on the company and investors can hold shares for the long-term," said Keshav Lahoti, equity research analyst at Angel Broking.
Meanwhile, some analysts in their IPO coverage reported had flagged risks such as the company's dependence on the government projects and single-digit PAT CAGR of 7.5 per cent and 2.5 per cent, respectively from FY18 to FY20.
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