IRCTC shares gain 0.26% as Sensex rises
The stock quoted a 52-week high of Rs 1068.65 and a 52-week low of Rs 584.9.
Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 0.26 per cent higher in Thursday's session at 12:17PM (IST). The stock opened at Rs 1018.0 and has touched an intraday high and low of Rs 1033.0 and Rs 1016.0, respectively, during the session so far.The stock quoted a 52-week high of Rs 1068.65 and a 52-week low of 584.9. About 107,833 shares changed hands on the counter so far.
Benchmark Nifty50 was up 151.15 points at 22299.05, while the BSE traded 450.05 points higher at 73393.73 at the time of writing of this report.
In the pack, 36 stocks traded the day in the green, while 13 were in the red.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1163.86 crore, up 11.65 per cent from the previous quarter's Rs 1042.39 crore and up 22.66 per cent from the year-ago quarter. The company reported net profit of Rs 300.0 crore for the latest quarter.
Promoter Holdings
Promoters held 62.4 per cent stake in the company as of 31-Dec-2023, while FIIs held 7.34 per cent and MFs 2.43 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 785.51 on April 18, while the 50-DMA was at Rs 951.37. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
