srjoshi41

Comparing the Two Indian Internet Stocks REDF and SIFY

Being Govt undertaking is not a sin.MTE has the best infrastructure compared to private sector companies. It has largest landline & mobile network. It caters to Mumbai and Delhi where max subscriber base is located.Till now it had monopoly status. But after private parties came in its share in mkt has not gone down much.Rs.10 face value share is Rs 130 speaks for itself. Good dividend payout, no lack of funds for expansion, good demand potential in Metrocities it serves make the stk atractive on long term basis.