What can put IRCTC stock on growth path
2 years, 7 months ago

What can put IRCTC stock on growth path

Live Mint  

State-owned Indian Railway Catering and Tourism Corp. Ltd’s earnings for the June quarter were a mixed bag. How Sapient Wealth’s Amit Bivalkar aced 14% returns How NBFCs are wooing students heading abroad Rich-poor gap shows up in smartphone sales as well “Ticketing volumes will be keenly watched in the near-term as reversal of the 2S sitting class to the unreserved category is applicable from July. IRCTC is well poised to meet its FY23 catering revenue target, but with catering being a low-margin business, it won’t significantly aid the bottom-line, according to Joshi. “Ticketing has been a crucial Ebit contributor for IRCTC, so only achieving higher revenue in the catering segment is not enough to move the needle on overall earnings," he said. Measures such as price increase for packaged drinking water, moving to convenience fee per passenger from a per-ticket basis could lift IRCTC’s earnings per share trajectory, but the visibility on these remains low, analysts at IIFL Securities Ltd noted.

Stock Catering Revenue Q1Fy23 Irctc Earnings  growth  analysts  business  irctc  earnings  performance  stocks  path  catering  revenue  stock  ticketing

History of this topic

IRCTC share price hits 52-week low after Q3 results 2025. Opportunity to buy?
1 month, 2 weeks ago

IRCTC share price hits 52-week low after Q3 results 2025. Opportunity to buy?

Live Mint  

Indian Railway Catering and Tourism Corporation share price fell over 2% to its 52-week low in early trade on Wednesday following the company's Q3 results. Anshul Jain, Head of Research at Lakshmishree Investment and Securities, noted that IRCTC delivered a strong financial performance in Q3, with net profit surging 13.7% and climbing 10% YoY, driven by steady growth across business …

IRCTC Q3 results: Net profit rises 14% to ₹341 crore, revenue at ₹1,225 crore
1 month, 2 weeks ago

IRCTC Q3 results: Net profit rises 14% to ₹341 crore, revenue at ₹1,225 crore

Live Mint  

Indian Railway Catering and Tourism Corporation, on Tuesday, announced a 14 per cent rise in its standalone net profit for the December quarter, reaching ₹341 crore compared to ₹300 crore in the same period last year. The company's revenue from operations for Q3 FY25 stood at ₹1,225 crore, marking a 10 per cent increase from ₹1,115 crore in the corresponding …

IRCTC Dividend: Railway PSU stock declares 2nd interim dividend of ₹3/share. Check details
1 month, 2 weeks ago

IRCTC Dividend: Railway PSU stock declares 2nd interim dividend of ₹3/share. Check details

Live Mint  

The board of Indian Railway Catering and Tourism Corporation approved a second interim dividend of ₹3 per share along with its financial results for the third quarter of financial year 2024-25 on Tuesday, February 11. "The Board of Directors of the company at its meeting held today i.e., Tuesday, l1th February 2025, has inter-alia declared 2nd interim dividend at the …

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?
1 month, 4 weeks ago

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?

Live Mint  

Economic Survey 2025: Shares of Railway stocks RVNL, IRCON, IRCTC, and BEML soared on Friday, January 31, in tandem with the broader markets after the Economic Survey 2025 announced massive expansion for Indian Railways in FY25. Indian Railway Finance Corporation also rose around 3 percent to its day's high of ₹152.50 "Railway stocks have risen since the Economic Survey of …

Macquarie remains bullish on IRCTC despite 9 consecutive months of losses; here’s why
2 months, 2 weeks ago

Macquarie remains bullish on IRCTC despite 9 consecutive months of losses; here’s why

Live Mint  

Global brokerage Macquarie initiated coverage on Indian Railway Catering and Tourism Corporation with an "Outperform" rating and a target price of ₹900, indicating a potential upside of 15.5 per cent from its previous close of ₹779.55. Strong Financial Metrics The brokerage highlighted IRCTC's robust financial profile, which includes 1) An 80 per cent direct market share in railway e-ticketing; 2) …

Explained: Why IRCTC share price jumped up to 5% today
2 months, 2 weeks ago

Explained: Why IRCTC share price jumped up to 5% today

India Today  

Shares of Indian Railway Catering and Tourism Corporation Ltd surged nearly 5% on Friday after global brokerage firm Macquarie initiated coverage on the stock with a bullish 'Buy' rating and a target price of Rs 900. The stock rose nearly 5% to hit a day’s high of Rs 800.65 on the Bombay Stock Exchange, compared to the previous close of …

IRCTC to IRFC: Should you buy Indian Railway stocks ahead of Budget 2025?
3 months ago

IRCTC to IRFC: Should you buy Indian Railway stocks ahead of Budget 2025?

Live Mint  

Railway stocks: With the Union Budget 2025 just a month away, investors seem cautious, contemplating whether this is the right time to invest in Indian railway stocks like Indian Railway Catering and Tourism Corporation, Indian Railway Finance Corporation, Rail Vikas Nigam and Railtel Corporation Of India. IRCTC, IRFC, RVNL, Railtel share price trend Several railway stocks have been on a …

IRCTC stock: Why a monopoly business cannot be a ‘Buy’ at any price
3 months ago

IRCTC stock: Why a monopoly business cannot be a ‘Buy’ at any price

Live Mint  

Indian Railway Catering and Tourism Corp. Ltd’s shares hit a new low for 2024 at ₹777.20 on Monday and are hovering near those levels. The stock’s lacklustre price performance over the past three years is a reminder that companies, even in monopoly businesses like IRCTC in railway ticket booking, do not see a linear rise in profit and market capitalization. …

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks
3 months, 2 weeks ago

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks

Live Mint  

Every year, ahead of the budget, investors get excited about the prospects of incremental spending by the railways that would translate into order inflows for railway infrastructure companies. RVNL has higher revenue visibility, with a robust order pipeline that’s enough to cover four years of FY24 revenue. Now, it is not as though the fall in the order book was …

IRCTC Share Price Today on 29-11-2024: IRCTC share price are down by -0.05%, Nifty up by 0.84%
3 months, 4 weeks ago

IRCTC Share Price Today on 29-11-2024: IRCTC share price are down by -0.05%, Nifty up by 0.84%

Live Mint  

IRCTC Share Price Today on 29-11-2024: At 29 Nov 11:27 today, IRCTC shares are trading at price ₹813.95, -0.05% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days …

IRCTC Share Price Today on 26-11-2024: IRCTC share price are up by 1.06%, Nifty down by -0.09%
4 months ago

IRCTC Share Price Today on 26-11-2024: IRCTC share price are up by 1.06%, Nifty down by -0.09%

Live Mint  

IRCTC Share Price Today on 26-11-2024: At 26 Nov 11:04 today, IRCTC shares are trading at price ₹820.75, 1.06% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days …

IRCTC Share Price Today on 22-11-2024: IRCTC share price are up by 1.57%, Nifty up by 1.3%
4 months ago

IRCTC Share Price Today on 22-11-2024: IRCTC share price are up by 1.57%, Nifty up by 1.3%

Live Mint  

IRCTC Share Price Today on 22-11-2024: At 22 Nov 12:49 today, IRCTC shares are trading at price ₹806.45, 1.57% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 801.89 10 820.76 20 …

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today
4 months, 1 week ago

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today

India Today  

Shares of railway sector stocks rose sharply on Tuesday, with Indian Railway Finance Corporation jumping over 5%, followed by significant gains in Rail Vikas Nigam Limited, IRCON International, and Indian Railway Catering and Ticketing Services. Shares of RVNL also surged sharply by around 3.5% to Rs 430.45 after receiving a letter of acceptance from South Central Railway worth Rs 294.4 …

Stock market crash: IRCTC, RVNL to IRFC — Railway stocks correct up to 45% from record highs. Opportunity to buy?
4 months, 1 week ago

Stock market crash: IRCTC, RVNL to IRFC — Railway stocks correct up to 45% from record highs. Opportunity to buy?

Live Mint  

Many quality stocks have been heavily beaten in the recent stock market crash. Among railway majors, Rail Vikas Nigam Limited or RVNL share price has corrected around 35 per cent from its record high of ₹622 apiece on the NSE. Batting in favour of railway stocks in a current market crash, Mahesh M Ojha, AVP — Research at Hensex Securities, …

IRCTC Share Price Today on 13-11-2024: IRCTC share price are down by -1.18%, Nifty down by -1.36%
4 months, 2 weeks ago

IRCTC Share Price Today on 13-11-2024: IRCTC share price are down by -1.18%, Nifty down by -1.36%

Live Mint  

IRCTC Share Price Today on 13-11-2024: At 13 Nov 16:01 today, IRCTC shares are trading at price ₹801.55, -1.18% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

IRCTC Share Price Today on 12-11-2024: IRCTC share price are down by -2.9%, Nifty down by -1.07%
4 months, 2 weeks ago

IRCTC Share Price Today on 12-11-2024: IRCTC share price are down by -2.9%, Nifty down by -1.07%

Live Mint  

IRCTC Share Price Today on 12-11-2024: At 12 Nov 16:00 today, IRCTC shares are trading at price ₹811.5, -2.9% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

IRCTC Share Price Today on 11-11-2024: IRCTC share price are up by 0.4%, Nifty down by -0.03%
4 months, 2 weeks ago

IRCTC Share Price Today on 11-11-2024: IRCTC share price are up by 0.4%, Nifty down by -0.03%

Live Mint  

IRCTC Share Price Today on 11-11-2024: At 11 Nov 16:00 today, IRCTC shares are trading at price ₹835.75, 0.4% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days …

IRCTC Share Price Today on 08-11-2024: IRCTC share price are down by -1.36%, Nifty down by -0.21%
4 months, 2 weeks ago

IRCTC Share Price Today on 08-11-2024: IRCTC share price are down by -1.36%, Nifty down by -0.21%

Live Mint  

IRCTC Share Price Today on 08-11-2024: At 08 Nov 16:01 today, IRCTC shares are trading at price ₹832.4, -1.36% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days …

RVNL, Ircon International shares tumble up to 7% on weak performance in Q2
4 months, 2 weeks ago

RVNL, Ircon International shares tumble up to 7% on weak performance in Q2

Live Mint  

Stock Market Today: Shares of Rail Vikas Nigam and Ircon International plunged 7.2 per cent and 6 per cent, respectively, in early morning trade on Friday, November 8 after both state-run railway companies reported weaker-than-expected earnings for the September quarter on Thursday. For the September 2024 quarter, RVNL, a project service provider, posted a 27.24 per cent year-on-year decline in …

IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY
4 months, 3 weeks ago

IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

Live Mint  

IRCON International Q2 Results: IRCON International announced its January-March quarter results for fiscal 2024-25 on Thursday, November 7, reporting a rise of 18 per cent in net profit to ₹206 crore, compared to ₹250.7 crore in the corresponding period last year. The state-run engineering and construction firm's revenue from operations in the second quarter of the current fiscal dropped 19.3 …

Indian Railway Catering & Tourism Corporation Q2 Results Live: Profit Rise by 4.48% YOY
4 months, 3 weeks ago

Indian Railway Catering & Tourism Corporation Q2 Results Live: Profit Rise by 4.48% YOY

Live Mint  

Indian Railway Catering & Tourism Corporation Q2 Results Live : Indian Railway Catering & Tourism Corporation declared their Q2 results on 04 Nov, 2024, revealing a topline increase of 6.9% and a profit rise of 4.48% year-on-year. The Earnings Per Share for Q2 stood at ₹3.85, reflecting a 4.52% increase year-over-year, suggesting that the company remains profitable amid operational headwinds. …

IRFC share price dips despite better-than-expected Q2 results 2024. Opportunity to buy?
4 months, 3 weeks ago

IRFC share price dips despite better-than-expected Q2 results 2024. Opportunity to buy?

Live Mint  

IRFC share price: After the announcement of Q2 results 2024 on Monday, Indian Railway Finance Corporation share price witnessed selling pressure in early morning deals on Tuesday. IRFC Q2 results 2024 review Decoding the Q2 results 2024 of IRFC, Seema Srivastava, Senior Equity Research Analyst at SMC Global Securities, said, “IRFC share price has fallen despite delivering quarterly numbers, which …

IRCTC Q2 Results: Net profit rises 4.47% YoY to ₹307.8 crore; interim dividend of ₹4 per share declared
4 months, 3 weeks ago

IRCTC Q2 Results: Net profit rises 4.47% YoY to ₹307.8 crore; interim dividend of ₹4 per share declared

Live Mint  

Indian Railway Catering and Tourism Corporation Ltd announced its July to September quarter results on Monday, November 4. The company recorded a 4.47 per cent ₹307.86 crore in the second quarter of the financial year 2024-25, compared to ₹294.67 crore in the same quarter the previous year, according to the BSE filing. The Indian Railway catering operator's revenue from operations …

IRFC Q2 Results: Net profit rises 4% YoY to ₹1,613 crore, revenue up 2%
4 months, 3 weeks ago

IRFC Q2 Results: Net profit rises 4% YoY to ₹1,613 crore, revenue up 2%

Live Mint  

Indian Railway Finance Corporation released its performance for the September 2024 quarter on Monday, November 4, reporting revenue from operations of ₹6,898 crore. Net profit for the reporting quarter rose to ₹1,612 crore, up from ₹1,544 crore in Q2 FY24, representing an improvement of 4.4%. For the first half of FY25, the company reported revenue of ₹13,666 crore compared to …

IRCTC Share Price Today on 04-11-2024: IRCTC share price are down by -1.89%, Nifty down by -1.27%
4 months, 3 weeks ago

IRCTC Share Price Today on 04-11-2024: IRCTC share price are down by -1.89%, Nifty down by -1.27%

Live Mint  

IRCTC Share Price Today on 04-11-2024: At 04 Nov 16:02 today, IRCTC shares are trading at price ₹816.2, -1.89% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

IRCTC Share Price Today on 04-11-2024: IRCTC share price are down by -1.89%, Nifty down by -1.27%
4 months, 3 weeks ago

IRCTC Share Price Today on 04-11-2024: IRCTC share price are down by -1.89%, Nifty down by -1.27%

Live Mint  

IRCTC Share Price Today on 04-11-2024: At 04 Nov 16:02 today, IRCTC shares are trading at price ₹816.2, -1.89% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

IRCTC Share Price Today: A Downward Trend with Key Resistance and Support Levels
5 months ago

IRCTC Share Price Today: A Downward Trend with Key Resistance and Support Levels

Live Mint  

IRCTC shares are trading up by 1.56% today, with the stock price closing at ₹841.7. The company's share price has been trading below the short-term simple moving averages of 5, 10, and 20-day moving averages, indicating a downtrend. The stock has a key resistance at ₹840.43 and a key support at ₹826.9. The company has a ROE of 38.93%, a …

IRCON Q1 results: Net profit rises 19% to ₹224 crore, revenue falls 17% to ₹2,287 crore
7 months, 2 weeks ago

IRCON Q1 results: Net profit rises 19% to ₹224 crore, revenue falls 17% to ₹2,287 crore

Live Mint  

Indian Railway Construction International Limited or IRCON International, on Thursday, posted an increase in its consolidated net profit increased by 19 per cent to ₹224 crore, up from ₹187.36 crore in the same quarter last year. However, revenue from operations was ₹2,287 crore, which represents a 17 per cent decline from ₹2,763.84 crore reported in the same quarter of the …

IRCTC is on right track to spur growth but rich valuation a hurdle
9 months, 3 weeks ago

IRCTC is on right track to spur growth but rich valuation a hurdle

Live Mint  

Investors in the Indian Railway Catering and Tourism Corp. Ltd are grappling with mixed emotions following the company's March quarter results. Exploring new growth avenues Catering was the primary revenue driver in FY24, but IRCTC plans to explore multiple growth avenues in FY25 and beyond. IRCTC is strategically building its Rail Neer bottling capacity, ramping production to 1.45 million bottles …

IRCTC share price retraces from 52-week high. Opportunity to buy?
1 year, 3 months ago

IRCTC share price retraces from 52-week high. Opportunity to buy?

Live Mint  

IRCTC share price: After ushering in financial year 2023-24, Indian Railway Catering and Tourism Corporation shares have been in continuous uptrend. IRCTC share price bottomed out at around ₹560 apiece levels at the end of March 2023 and since then it has remained an ideal buy on dips stock for Indian stock market investors. According to stock market experts, IRCTC …

IRCTC shares surge by 13%, close at 52-week high. Check latest share price
1 year, 3 months ago

IRCTC shares surge by 13%, close at 52-week high. Check latest share price

Hindustan Times  

The shares of Indian Railways Catering and Tourism Corporation surged by nearly 13 per cent to hit a 52-week high of ₹888 on Monday. In November, IRCTC had reported 30.36 per cent rise in net profit at ₹294.67 crore for September quarter. IRCTC's total revenue increased 23.51 per cent to ₹995.31 crore in comparison to ₹805.80 crore in Q2FY23. IRCTC …

IRCTC share price hits 52-week high. Experts see more upside
1 year, 3 months ago

IRCTC share price hits 52-week high. Experts see more upside

Live Mint  

Stock market today: Extending the bull trend for fourth straight session, Indian Railway Catering and Tourism Corporation or IRCTC share price today finally touched a new 52-week high of ₹799.95 apiece on NSE during morning deals. IRCTC share price today opened upside at ₹799.95 per share levels, which turned out its new 52-week high as the stock corrected from its …

IRCTC share price rebounds after retracing from 52-week high. Buy, sell or wait?
1 year, 3 months ago

IRCTC share price rebounds after retracing from 52-week high. Buy, sell or wait?

Live Mint  

IRCTC share price: Shares of Indian Railway Catering and Tourism Corporation opened higher on Monday at ₹750.65 against the closing price of ₹749.55 on Friday. Triggers for IRCTC share price “IRCTC shares present a compelling opportunity for long-term investors, given the company's dominant position in the online ticket booking sector. "While the COVID-19 pandemic posed challenges, IRCTC pivoted its business …

Ircon International Q2 results: Net profit increases to ₹251 crore
1 year, 4 months ago

Ircon International Q2 results: Net profit increases to ₹251 crore

Live Mint  

Ircon International Q2 result: Navratna company reported a 44% rise in its net profit to ₹250.8 crore in the September quarter of FY24, against a net profit of ₹174.2 crore in the year-ago period. Its consolidated total income increased to ₹3,136.3 crore in the second quarter of the ongoing fiscal from ₹2,305.9 crore in the same quarter last year. The …

IRCON shares hit a record high after strong Q1 results
1 year, 7 months ago

IRCON shares hit a record high after strong Q1 results

Live Mint  

IRCON International share price rallied over 8% to hit a record on Wednesday after the railway PSU reported strong growth in Q1 results. The state-run engineering and construction firm IRCON International posted a net profit of ₹187 crore for the quarter ended June 2023, recording a growth of 29.6% compared to ₹144.6 crore in the corresponding period last year. On …

IRCTC earns net profit of ₹279 crore in Q4, up by 30%; dividend declared
1 year, 9 months ago

IRCTC earns net profit of ₹279 crore in Q4, up by 30%; dividend declared

Live Mint  

Indian Railways catering services provider, IRCTC earned a net profit of ₹278.8 crore in the fourth quarter of FY23, rising by 30.4% from a profit of ₹214 crore witnessed in the same quarter a year ago. Meanwhile, internet ticketing revenue saw marginal upside to ₹295.12 crore in Q4FY23, as against ₹292.82 crore in Q4 of previous fiscal. Read here: FIIs …

IRCTC shares turn ex-dividend today. Do you own it?
2 years, 1 month ago

IRCTC shares turn ex-dividend today. Do you own it?

Live Mint  

IRCTC, the tourism and ticketing arm of Indian Railways, is going to turn ex-dividend today as the company's board of the public sector undertaking has fixed record date for dividend payment. The board of directors of Indian Railway Catering & Tourism Corp in its meeting held on February 9, 2023 declared an interim dividend of ₹3.50 per equity share of …

IRB Infra's Q3 net profit doubles to Rs 141 crore; stock to split 10:1
2 years, 1 month ago

IRB Infra's Q3 net profit doubles to Rs 141 crore; stock to split 10:1

India TV News  

Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing. The Mumbai headquartered had logged a net profit of Rs 72.68 crore during the same quarter a year ago. The company's overall toll collection in January 2023 …

IRCTC share price: Experts give buy tag after strong Q3 results. Should you buy?
2 years, 1 month ago

IRCTC share price: Experts give buy tag after strong Q3 results. Should you buy?

Live Mint  

Indian Railway Catering and Tourism Corporation or IRCTC share price ended higher on Thursday after strong Q3 results for October to December 2022 quarter. According to stock market experts, IRCTC shares are expected to come out of the base building mode and it may go up to ₹750 apiece levels in medium term. On what IRCTC shares' chart pattern suggests …

IRCTC Q3 profit jumps to ₹256 cr, declares interim dividend
2 years, 1 month ago

IRCTC Q3 profit jumps to ₹256 cr, declares interim dividend

Live Mint  

IRCTC, the tourism and ticketing arm of Indian Railways, on Thursday reported a consolidated net profit of ₹256 crore for the December quarter, up 22.8% from ₹208 crore reported in the last year period. Segment-wise, the revenue from catering segment surged 275% YoY to ₹394 crore as against ₹105 crore in the December quarter of last fiscal. Revenues from the …

IRCTC stock slips 5% per cent as govt offer-for-sale begins
2 years, 3 months ago

IRCTC stock slips 5% per cent as govt offer-for-sale begins

Firstpost  

The government’s offer-for-sale of up to 5 per cent stake in Indian Railway Catering and Tourism Corporation at a floor price of Rs 680 a share opened for institutional investors on Thursday New Delhi: Shares of IRCTC fell more than 5 per cent in morning trade on the BSE on Thursday as the sale of the government’s up to 5 …

IRCTC Shares Trade Ex-Dividend Today; Key Details Investors Must Know
2 years, 7 months ago

IRCTC Shares Trade Ex-Dividend Today; Key Details Investors Must Know

News 18  

IRCTC Share Price Today: Indian Railway Catering and Tourism Corporation shares will be trading ex-dividend today which comes a day ahead of its record date, August 19. The board of directors of IRCTC has already approved final dividend of Rs 1.50 per per equity share for the financial year 2021-22. Manoj Dalmia, founder, and director-Proficient Equities Limited, said: “IRCTC shares …

IRCTC: Profit Jumps Nearly 3-Folds, Food Makes a Comeback, Time to Invest in IRCTC Stocks?
3 years, 1 month ago

IRCTC: Profit Jumps Nearly 3-Folds, Food Makes a Comeback, Time to Invest in IRCTC Stocks?

News 18  

Indian Railway Catering and Tourism Corporation continued to show meaningful sequential improvement in revenue and profitability led by easing of covid curbs and vaccination. Neha Khanna, director, ValPro, said: “The steep surge in net profit is mainly led by contribution from all the segments and low base of last year.” The company’s board has declared an interim dividend of Rs …

IRCTC: The incredible govt move that burned ₹ 18,000 crore in market cap
3 years, 4 months ago

IRCTC: The incredible govt move that burned ₹ 18,000 crore in market cap

Live Mint  

When the stock market opened today morning, the Indian Railways Catering and Tourism Corp share price fell by 25% to ₹685.35. In 2020-21, when earnings were badly impacted due to the Covid pandemic, IRCTC still made ₹299 crore from convenience fee on railway tickets or around 38.2% of gross revenue from operations, which in turn stood at ₹783 crore. Looking …

Railway Ministry asks IRCTC to restart sharing 50% convenience fee
3 years, 5 months ago

Railway Ministry asks IRCTC to restart sharing 50% convenience fee

India TV News  

The Railways has asked its online ticketing arm IRCTC to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the national transporter, an arrangement that had been discontinued since the pandemic. In 2014-15 when the revenue sharing ratio was 20-80, the Railway's online ticketing and catering arm received a majority of the …

IRCTC Share Price Surges 300% this Year; Market Cap Hits Rs 1 lakh crore
3 years, 5 months ago

IRCTC Share Price Surges 300% this Year; Market Cap Hits Rs 1 lakh crore

News 18  

Indian Railway Catering and Tourism Corporation Ltd has become the latest to join the club of ₹1-lakh-crore market capitalisation on Tuesday. At 1142 hours, IRCTC stock was trading at Rs 6,248.00, up 6.31 per cent from its previous close on the BSE. The market cap of IRCTC stood at Rs 1,00,285.60 crore, data available on the BSE showed. The government-owned …

Optimism on non-ticketing revenues boost IRCTC’s stock
3 years, 6 months ago

Optimism on non-ticketing revenues boost IRCTC’s stock

Live Mint  

Shares of Indian Railway Catering and Tourism Corp. have zipped like a bullet train post the downtick during the second wave of the pandemic. Some of the optimism also stems from the fact that tourist trains, such as Tejas Express, are On the fast track Another segment that is expected to see improved operations is Rail Neer, its water bottling …

IRCTC Announces Stock Split, Share Prices Reach New High - All You Need To Know
3 years, 7 months ago

IRCTC Announces Stock Split, Share Prices Reach New High - All You Need To Know

ABP News  

IRCTC Stock Split: The board of Indian Railway Catering and Tourism Corporation announced the stock split on Thursday. It was only after this announcement that shares of IRCTC rose more than 5% to a new high of Rs 2,727 on the BSE today. IRCTC said the stock split will help increase liquidity in the capital market, increase the shareholder base …

IRCTC stock split approved; share price hits new 52-week high
3 years, 7 months ago

IRCTC stock split approved; share price hits new 52-week high

India TV News  

IRCTC stock split approved; share price hits new 52-week high IRCTC Share Split Date, IRCTC Share Split Ratio, IRCTC Share Split Price, IRCTC Share Split Date 2021: IRCTC share price touched a new 52-week high on NSE and BSE on account of a stock split. IRCTC Stock Split Date, IRCTC Stock Split Ratio, IRCTC Stock Split Price: IRCTC has approved …

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