Share price of IRCTC as Sensex drops 780.4 points
The counter had a total traded volume of 12:32PM shares so far with a turnover of Rs 2.48 crore on BSE. The stock traded at a price-to-earnings multiple of 56.54 and a price-to-book ratio of 23.03.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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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