Share price of IRCTC falls as Sensex gains 483.26 points
A total of 114,429 shares changed hands on the counter till 02:05PM (IST)
Share price of Indian Railway Catering & Tourism Corporation Ltd. dropped 0.57 per cent to Rs 1002.05 at 02:05PM (IST) in Wednesday's trade. The stock hit a high of Rs 1009.9 and low of Rs 1001.0 so far during the session. The stock had closed at Rs 1007.85 in the previous session.The counter had a total traded volume of 02:05PM shares so far with a turnover of Rs 11.48 crore on . The stock traded at a price-to-earnings multiple of 72.2 and a price-to-book ratio of 23.03.
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-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 8.08 per cent and 12.72 per cent, respectively.
Key Financials
The company 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
