IRCTC shares drop 0.82% as Sensex rises
The stock quoted a 52-week high of Rs 775.0 and a 52-week low of 557.15. About 60,158 shares changed hands on the counter so far.
Benchmark Nifty50 was down 0.05 points at 19742.3, while the BSE Sensex traded 29.38 points higher at 66259.62 at the time of writing of this report.
In the Nifty pack, 22 stocks traded the day in the green, while 27 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 1041.0 crore, up 3.66 per cent from the previous quarter's Rs 1004.28 crore and up 18.7 per cent from the year-ago quarter.
The company reported net profit of Rs 232.22 crore for the latest quarter.
Promoter Holdings Promoters held 62.4 per cent stake in the company as of 30-Jun-2023, while FIIs held 6.99 per cent and MFs 0.89 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 638.08 on September 22, while the 50-DMA was at Rs 658.61. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
