Trending stocks: IRCTC stock price gains nearly 2%

NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 1.61 per cent up in Thursday 's trade at 10:16AM (IST). Around 18745 shares changed hands on the counter.

The stock opened at Rs 1348.0 and touched an intraday high and low of Rs 1348.0 and Rs 1325.0 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 1994.0 and a 52-week low of Rs 625.0 .

Indian Railway Catering & Tourism Corporation Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 21119.20 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.

The net profit after tax for the latest quarter stood at Rs 205.8043 crore, 179.64 per cent from the corresponding quarter last year .

Shareholding pattern
As of 31-Mar-2020 , DIIs held 2.0488174 per cent stake in the company , while foreign institutional investors held 1.7046906 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 50.11 and a price-to-book ratio of 66.69 .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 'nil' growth in the business.

Indian Railway Catering & Tourism Corporation Ltd. belongs to the Travel Agen. / Tourism Deve. / Amusement Park / Catering industry.