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    Trending stocks: IRCTC share price rises over 4%

    Synopsis

    Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 4.41 per cent up in trade at 10:30AM on Friday .

    IRCTC
    The counter opened at Rs 1220.0 and touched an intraday high and low of Rs 1276.2 and Rs 1220.0 
    NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 4.41 per cent up in Friday 's trade at 10:30AM (IST). Around 51966 shares changed hands on the counter.

    The counter opened at Rs 1220.0 and touched an intraday high and low of Rs 1276.2 and Rs 1220.0 , 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 20323.2 crore on May 08

    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.

    Bottomline for the latest quarter stood at Rs 205.8043 crore, up 179.64 per cent from the corresponding quarter last year .

    Shareholding pattern
    As of 31-Mar-2020 , DIIs 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 47.71 and a price-to-book ratio of 19.05 . 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.



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    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
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