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    Trending stocks: IRCTC share price slips nearly 3%

    Synopsis

    Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 2.83 per cent down in trade at 10:32AM on Wednesday .

    IRCTC
    The counter opened at Rs 1263.25 and touched an intraday high and low of Rs 1271.0 and Rs 1205.75
    NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 2.83 per cent down in Wednesday 's trade at 10:32AM (IST). Around 18862 shares changed hands on the counter.

    The counter opened at Rs 1263.25 and touched an intraday high and low of Rs 1271.0 and Rs 1205.75 , respectively, in the session so far. The stock quoted a 52-week high of Rs 1995.0 and a 52-week low of Rs 320.0 .

    Indian Railway Catering & Tourism Corporation Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 20196.00 Crore) operating in Tourism & Hospitality sector.


    Key Financials
    The company reported consolidated net 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 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 price-to-earnings multiple of 46.04 and a price-to-book ratio of 18.38 . 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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    (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
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