Share price of IRCTC falls as Sensex drops 733.32 points
A total of 68,821 shares changed hands on the counter till 11:21AM (IST)
Share price of Indian Railway Catering & Tourism Corporation Ltd. dropped 1.35 per cent to Rs 1013.95 at 11:21AM (IST) in Wednesday's trade. The counter hit a high of Rs 1037.5 and low of Rs 994.25 so far during the session. The stock had closed at Rs 1027.85 in the previous session.The counter had a total traded volume of 11:21AM shares so far with a turnover of Rs 7.02 crore on . The stock traded at a price-to-earnings multiple of 72.83 and a price-to-book ratio of 23.03.
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. / Amusement Park / Catering industry.
Promotor/FII Holding
Promoters held 62.4 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 8.08 per cent and 12.72 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 1187.41 crore for the quarter ended 31-Mar-2024, up 2.02 per cent from the previous quarter's Rs 1163.86 crore and up 18.23 per cent from the year-ago quarter's Rs 1004.28 crore.
Its profit for the latest quarter stood at Rs 284.18 crore, up 1.93 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
