Share price of IRCTC jumps as Sensex gains 705.84 points
A total of 28,863 shares changed hands on the counter till 12:22PM (IST)
Share price of Indian Railway Catering & Tourism Corporation Ltd. gained 0.78 per cent to Rs 936.5 at 12:22PM (IST) in Thursday's trade. The scrip hit a high of Rs 939.1 and low of Rs 926.95 so far during the session. The stock had closed at Rs 929.2 in the previous session.The counter had a total traded volume of 12:22PM shares so far with a turnover of Rs 2.69 crore on . The stock traded at a price-to-earnings multiple of 67.83 and a price-to-book ratio of 18.5.
A higher price-to-earnings 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.
Promotor/FII Holding
Promoters held 62.4 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 7.34 per cent and 11.97 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 1163.86 crore for the quarter ended 31-Dec-2023, 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's Rs 948.82 crore.
Its profit for the latest quarter stood at Rs 300.0 crore, up 17.4 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
