IRCTC shares up 1.96% as Nifty gains
The stock opened at Rs 717.05 and touched an intraday high and low of Rs 731.45 and Rs 717.05, respectively, in the session so far. The stock of Indian Railway Catering & Tourism Corporation Ltd. quoted a 52-week high of Rs 758.1 and a 52-week low of Rs 557.15.
As per BSE, the total market cap of the Indian Railway Catering & Tourism Corporation Ltd. stood at Rs 58256.0 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 1042.39 crore for the quarter ended 30-Sep-2023, up 0.13 per cent from previous quarter's Rs 1041.0 crore and up 25.32 per cent from the year-ago quarter's Rs 831.8 crore.
The net profit for latest quarter stood at Rs 294.68 crore, up 30.37 per cent from the corresponding quarter last year.
Shareholding pattern As of 30-Sep-2023, DIIs held 1.04 per cent stake in the company, while foreign institutional investors held 7.1 per cent and the promoters 62.4 per cent.
Valuation ratio According to BSE data, the stock traded at a P/E multiple of 54.9 and a price-to-book ratio of 18.5.
A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Indian Railway Catering & Tourism Corporation Ltd.
belongs to the Travel Agen. / Tourism Deve. / Amusement Park / Catering industry.
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