The Economic Times daily newspaper is available online now.

    Trending stocks: IRCTC share price jumps 5% in early session

    Synopsis

    Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 5.0 per cent up in trade at 09:42AM on Monday .

    IRCTC
    Market cap of the company stood at Rs 20845.6 crore on May 11 
    NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 5.0 per cent up in Monday 's trade at 09:42AM (IST). Around 2155 shares changed hands on the counter.

    The scrip opened at Rs 1302.85 and touched an intraday high and low of Rs 1302.85 and Rs 1302.85 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 1995.0 and a 52-week low of Rs 320.0 .

    Market cap of the company stood at Rs 20845.6 crore on May 11

    Key Financials

    The company reported consolidated sales of Rs 715.9841 crore for the quarter ended 31-Dec-2019 , up 39.47 per cent from previous quarter's Rs 513.3717 crore and up 64.59 per cent from the year-ago quarter's Rs 435.0134 crore.

    The net profit after tax for the latest quarter stood at Rs 205.8043 crore, up 179.64 per cent from the same quarter a year ago .

    Shareholding pattern
    As of 31-Mar-2020 , domestic institutional investors held 7.05 per cent stake in the company , while foreign institutional investors held 1.7 per cent and the promoters 87.4 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a P/E multiple of 48.94 and a price-to-book ratio of 19.54 . A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in