Stocks News

IRCTC share price: IRCTC share price fell 3.0% due to fall in Nifty.

New Delhi: Shares of Indian Railway Catering & Tourism Corporation Ltd. fell 3.0% at 12:58 PM IST on Tuesday. About 195,166 shares were traded on the counter.

The security opened at Rs 1024.15 and so far hit intraday high and low of Rs 1028.05 and Rs 987.1, respectively. Indian Railway Catering & Tourism Corporation Ltd. The company’s stock hit a 52-week high of Rs 1076.35 and a 52-week low of Rs 604.0.

According to BSE, the total market capitalization of Indian Railway Catering & Tourism Corporation Ltd. at the time of writing this report was Rs 81796.0 crore.

main financial

The company reported consolidated net sales of Rs 1163.86 crore for the quarter ended December 31, 2023, up 11.65% from Rs 1042.39 crore in the previous quarter and 22.66% up from Rs 948.82 crore in the year-ago period.

Net profit for the latest quarter was ₹30 billion, up 17.4% from the same period last year.

stock holding pattern
As of March 31, 2024, domestic institutional investors held 2.97% of the company’s shares, foreign institutional investors held 8.08%, and promoters held 62.4%.
Evaluation ratio
The stock traded at a P/E multiple of 74.34 and a price-to-book ratio of 18.5, according to BSE data. A higher P/E ratio indicates that investors are willing to pay a higher price due to expectations of better future growth. Price book value represents the intrinsic value of a company and measures the price investors are prepared to pay even if the company does not grow.

Indian Railway Catering & Tourism Corporation Ltd. is a travel agency. / Ministry of Tourism Development. / Amusement parks / Catering industry.

Related Articles

Back to top button