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Share price of IRCTC falls as Sensex drops 84.72 points
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The counter had a total traded volume of 11:42AM shares so far with a turnover of Rs 346.0 crore on BSE. The stock traded at a price-to-earnings multiple of 56.36 and a price-to-book ratio of 18.5.
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.
Read more on economictimes.indiatimes.comAbout this in other media
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