IRCTC stock: Why a monopoly business cannot be a ‘Buy’ at any price
1 day, 5 hours 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. IRCTC’s shares touched a high of ₹1,279 on 19 October 2021 when it traded at a staggering price-to-earnings multiple of more than 150x based on FY22 earnings per share of ₹8. Well, internet ticketing accounted for 80% of IRCTC’s Ebit even in H1FY25 despite the diversification into ancillary businesses such as rail neer, catering and tourism. Prabhudas Lilladher expects sales and profit after tax CAGR of 8.4% and 7.5%, respectively, over FY25-FY27, driven by catering and rail neer divisions as growth in high-margin ticketing segment has plateaued.

Business Profit Ticket Irctc H1Fy25 Rail Neer Traffic Growth Internet Ticketing  stock  irctc  earnings  monopoly  price  business  railway  businesses  buy  ticketing  traffic  growth  ancillary  profit  ticket  catering

History of this topic

IRCTC Share Price Today on 29-11-2024: IRCTC share price are down by -0.05%, Nifty up by 0.84%
3 weeks, 5 days 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 weeks, 1 day 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 …

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today
1 month 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?
1 month, 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 12-11-2024: IRCTC share price are down by -2.9%, Nifty down by -1.07%
1 month, 1 week 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 Q2 Results: Net profit rises 4.47% YoY to ₹307.8 crore; interim dividend of ₹4 per share declared
1 month, 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 …

IRCTC Share Price Today on 04-11-2024: IRCTC share price are down by -1.89%, Nifty down by -1.27%
1 month, 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%
1 month, 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
2 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 …

IRCTC is on right track to spur growth but rich valuation a hurdle
6 months, 2 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 shares surge by 13%, close at 52-week high. Check latest share price
1 year 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 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 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 …

IRCTC share price: Experts give buy tag after strong Q3 results. Should you buy?
1 year, 10 months 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
1 year, 10 months 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 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 …

What can put IRCTC stock on growth path
2 years, 4 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 …

IRCTC: Profit Jumps Nearly 3-Folds, Food Makes a Comeback, Time to Invest in IRCTC Stocks?
2 years, 10 months 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, 1 month 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 …

IRCTC Announces Stock Split, Share Prices Reach New High - All You Need To Know
3 years, 4 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 …

Govt to Sell Up to 20% Stake in IRCTC Via OFS, Fixes Floor Price of Rs 1,367 Per Share
4 years ago

Govt to Sell Up to 20% Stake in IRCTC Via OFS, Fixes Floor Price of Rs 1,367 Per Share

News 18  

The government is planning to sell up to 20 per cent stake in Indian Railway Catering and Tourism Corp through an Offer for Sale which opens for subscription on Thursday. would divest 15 per cent equity with a 5 per cent green shoe option," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said in a tweet. The …

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