*Disclaimer Statement: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
- Ministry of Railways withdraws convenience fee decision on IRCTC; stock recovers
The Street expects about 433 million tickets to be sold via IRCTC in FY23 and a 50 per cent convenience f ...More
The Street expects about 433 million tickets to be sold via IRCTC in FY23 and a 50 per cent convenience fee would have hit Ebit estimates by about 30 per cent for FY23 and FY24. ...Less
- IRCTC launches tour package targeting temples, historical destinations
The total cost of the package will start at Rs 7,560 per person and it will cover a significant number of ...More
The total cost of the package will start at Rs 7,560 per person and it will cover a significant number of temples and tourist destinations of historical importance. The tour date is slated for 27 November. ...Less
- IRCTC asked to restart sharing 50 pc convenience fee with Railway Ministry
In a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing ar ...More
In a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from November 1. Convenience fees charged from customers generated a sizable revenue for both IRCTC and the Railways. The fee is not part of the rail fare. It is for the service of online ticket booking offered by the IRCTC. ...Less
- IRCTC to restart Tejas Express trains from mid-October
SOPs have been issued to ensure the safety of passengers that will be followed by the IRCTC-operated trai ...More
SOPs have been issued to ensure the safety of passengers that will be followed by the IRCTC-operated trains. ...Less
- Market Movers: IRCTC’s roller-coaster ride leaves investors nauseous
IRCTC stock started the day by diving an eye-popping 25 per cent following the announcement by the compan ...More
IRCTC stock started the day by diving an eye-popping 25 per cent following the announcement by the company on Thursday evening that it has been asked by the government to share 50 per cent of the convenience fee revenue with it. ...Less
- IRCTC keeps order to terminate over 500 catering supervisors in abeyance till further notice
Around 560 supervisors (hospitality) were hired by the IRCTC (Indian Railway Catering and Tourism Corpora ...More
Around 560 supervisors (hospitality) were hired by the IRCTC (Indian Railway Catering and Tourism Corporation) in 2018 on contract basis for a period of two years, to maintain a quality check on contractors assigned to cater food in trains equipped with pantries. ...Less
- IRCTC shares jump 4%, break 5-session losing streak; here's why
The Mini Ratna travel and tourism PSU company has also launched other offers with discounts of up to Rs 2 ...More
The Mini Ratna travel and tourism PSU company has also launched other offers with discounts of up to Rs 2,000 off air tickets on card transactions of different banks, the company filing to the exchanges said. ...Less
- Market Movers: What caused investors to pull the chain on IRCTC’s bull run?
From the day’s high, which was also IRCTC's record high, the scrip crashed 22 per cent and effectively en ...More
From the day’s high, which was also IRCTC's record high, the scrip crashed 22 per cent and effectively entered a bear market. A technical bear market is defined as a 20 per cent fall from the recent high of security. ...Less
- Chart Reading: IRCTC respects 20-DMA, but analysts unsure if bottom is in place
The scrip plummeted 17.34 per cent to close at Rs 4,432.95 after IRCTC was banned from trading in NSE's F ...More
The scrip plummeted 17.34 per cent to close at Rs 4,432.95 after IRCTC was banned from trading in NSE's F&O segment. ...Less
- Govt asks IRCTC to share 50% of revenue from convenience fee
As per IRCTC’s website, income from the convenience fee is recognized on the basis of the value of the co ...More
As per IRCTC’s website, income from the convenience fee is recognized on the basis of the value of the convenience fee earned on the tickets booked by domestic customers through its website. ...Less
- IRCTC refund status: How to check Indian Railways refund status live using chatbot AskDisha
Individuals can check refund status via Ask DISHA, a helpdesk provided by the Indian Railway Catering and ...More
Individuals can check refund status via Ask DISHA, a helpdesk provided by the Indian Railway Catering and Tourism Corporation (IRCTC). The chatbot has been responding to users' questions in both Hindi and English. ...Less
- IRCTC shares jump 4% on rail ticketing collaboration plan with redBus
IRCTC’s share price rose to a high of Rs 808.40 on the National Stock Exchange as against Rs 775.80 at pr ...More
IRCTC’s share price rose to a high of Rs 808.40 on the National Stock Exchange as against Rs 775.80 at previous close. ...Less
- Who is driving the breakneck rally on D-Street? IRCTC stock tells a story
“IRCTC is a pure monopoly business in 2 out of its 4 operating segments, namely Internet Ticketing and Ra ...More
“IRCTC is a pure monopoly business in 2 out of its 4 operating segments, namely Internet Ticketing and Rail Neer,” brokerage firm Dalal & Broacha Stock Broking said in a recent report. ...Less
- Trading at whopping 200 PE, is this monopoly sending out sell signals?
The stock now trades at a price-to-earnings multiple of 200, and price to book value of 40. Cutting the j ...More
The stock now trades at a price-to-earnings multiple of 200, and price to book value of 40. Cutting the jargon, the stock is simply way too expensive, and probably running on just investors' exuberance. ...Less
- IRCTC OFS to be announced in 2 weeks
DIPAM had initiated the process to sell 15-20 per cent stake in IRCTC through OFS in September. ...More
DIPAM had initiated the process to sell 15-20 per cent stake in IRCTC through OFS in September. ...Less
- IRCTC increases limit of online ticket bookings: Check details
To make life easier for customers, Indian Railways has decided to increase the maximum number of tickets ...More
To make life easier for customers, Indian Railways has decided to increase the maximum number of tickets that may be booked in a month from 6 to 12 using a user ID that is not linked to Aadhaar. Limiting the number of tickets booked in a month from 12 to 24 by a user ID that is linked to Aadhaar and that one of the passengers in the ticket to be booked is verifiable through Aadhaar. ...Less
- IRCTC pauses insurers' services
The vulnerability was discovered by researchers Avinash Jain and Aseem Shrey. According to Jain, the vuln ...More
The vulnerability was discovered by researchers Avinash Jain and Aseem Shrey. According to Jain, the vulnerability called IDOR (insecure direct object reference) allowed anyone to extract passenger information for insurance payout. ...Less
- IRCTC shares zoom 15% as stock trades ex-split
Shares of IRCTC have soared as much as 250 per cent in the last one year, outperforming BSE Sensex's 52 p ...More
Shares of IRCTC have soared as much as 250 per cent in the last one year, outperforming BSE Sensex's 52 per cent rally during the same period. ...Less
- IRCTC Q2 results: Net profit soars 386% YoY to Rs 159 crore
Both the bottomline and topline of the company were aided by a low base in the year-ago quarter and impro ...More
Both the bottomline and topline of the company were aided by a low base in the year-ago quarter and improvement in demand in the said quarter. ...Less
- Can IRCTC stock recover after multi-fold jump in Q2 net?
Our EPS CAGR of 34 per cent over FY22-FY24 factors in most positives viz; higher 2S volume delta, Rail Ne ...More
Our EPS CAGR of 34 per cent over FY22-FY24 factors in most positives viz; higher 2S volume delta, Rail Neer expansion and catering price hike leaving little room for earnings surprise and consequent re-rating. Further, events like recent policy flip flop on convenience fee share with Indian Railways can result in valuation overhang," brokerage Prabhudas Lilladher said. ...Less
- How govt's move on revenue sharing will impact IRCTC shareholders
According to some back-of-the-envelope calculations, the loss in value of its stake in IRCTC and the valu ...More
According to some back-of-the-envelope calculations, the loss in value of its stake in IRCTC and the valuation multiples for one of the most sought after stocks will be multiple times the revenue that the government hopes to generate from the sharing of the convenience fee with IRCTC. ...Less
- IRCTC latest update: Travel with unreserved tickets on these trains from January 1
The Northern Railway had also announced a number of unreserved special trains between Jind, Rohtak, Sonip ...More
The Northern Railway had also announced a number of unreserved special trains between Jind, Rohtak, Sonipat, Kurukshetra, Meerut City, Khurja, Aligarh, Bareilly, Najibabad, Kotdwar, Moradabad and Sambhal Hatim Sarai. ...Less
- Wondered how Railways cooks food for you? Now you can see it live
IRCTC had earlier launched an Artificial Intelligence tool that uses CCTV footage to detect anomalies in ...More
IRCTC had earlier launched an Artificial Intelligence tool that uses CCTV footage to detect anomalies in hygiene level of the food. ...Less
- IRCTC and 8 other stocks under F&O ban today
IRCTC tanked over 18 per cent during early trade on Wednesday to slip to Rs 4,371.25. The scrip declined ...More
IRCTC tanked over 18 per cent during early trade on Wednesday to slip to Rs 4,371.25. The scrip declined 9 per cent to settle at Rs 5,363 apiece on Tuesday. The scrip has shed 32 per cent from its 52-week high of Rs 6,393 scaled on October 19. ...Less
- IRCTC asks its customers to not download this app on your phone
IRCTC said that users should be extra careful while responding to any messages that appeared to be dent b ...More
IRCTC said that users should be extra careful while responding to any messages that appeared to be dent by ITCTC. It said that the fraudsters behind the app pretend to be IRCTC and attempt to obtain your personal information, such as your UPI details and other important banking information. Therefore, it is crucial to avoid downloading this app and to remain vigilant against any similar suspicious applications. ...Less
- IRCTC's 'North Darshan Yatra' begins from Oct 31. Here are the details
IRCTC's exclusive eight nights/nine days package covering prominent locations in north India will start o ...More
IRCTC's exclusive eight nights/nine days package covering prominent locations in north India will start on October 31. It will cover places like Amritsar, Rajkot, Haridwar, Mathura, Rishikesh, Vaishno Devi, Ujjain. ...Less
- IRCTC's Golden Chariot to run again from March 22
IRCTC took over the operation, management and marketing of the special train through a recent agreement w ...More
IRCTC took over the operation, management and marketing of the special train through a recent agreement with Karnataka State Tourism Development Corporation (KSTDC), which launched the Golden Chariot train in 2008. The train has undergone a makeover befitting taste of international train travel enthusiasts, it said. ...Less
- IRCTC to start 'Shri Ramayana Yatra' train on June 21
The interiors of the Bharat Gaurav Tourist Train, which will return to Delhi on the 18th day of its journ ...More
The interiors of the Bharat Gaurav Tourist Train, which will return to Delhi on the 18th day of its journey covering roughly a distance of around 8,000 kilometres, will be based on the Ramayana epic, the officials said. As many as 285 bookings have already been done from various parts of the country, Sinha said, adding the maximum 61 bookings are from Maharashtra followed by 55 from Uttar Pradesh. ...Less
- What to expect from consumer, power companies in coming quarters? Amnish Aggarwal answers
Amnish Aggarwal of Prabhudas Lilladher reports uneven consumer spending due to a mild summer. This impact ...More
Amnish Aggarwal of Prabhudas Lilladher reports uneven consumer spending due to a mild summer. This impacts durables and staples. Capital goods and travel sectors are performing well. Pharma and healthcare are also showing good numbers. Power demand is down due to the weather. IRCTC's technology upgrade will help in the long run. ...Less
- IRCTC app and website face outage, frustrated users take to social media over tatkal tickets
IRCTC Website Down: The IRCTC app and website experienced an outage on Thursday morning, preventing users ...More
IRCTC Website Down: The IRCTC app and website experienced an outage on Thursday morning, preventing users from booking tickets. Many users cited maintenance issues and potential scams as concerns. This is the second outage this month, causing frustration among passengers trying to book tatkal tickets. The IRCTC has not yet responded to the outage. ...Less
- LIC raises stake in IRCTC to 7.3%, becomes single largest public shareholder
The government launched an offer for sale to offload 5% stake in the ticketing services major on December ...More
The government launched an offer for sale to offload 5% stake in the ticketing services major on December 15 and 16 ...Less
- Midcap Watch: MFs bought Vodafone Idea and ZEEL in Nov, slashed exposure to IRCTC
Money managers also bet on another high-flying stock, Devyani International, whose shares have more than ...More
Money managers also bet on another high-flying stock, Devyani International, whose shares have more than doubled over its issue price. The scrip got listed in August this year. MFs owned Rs 370 crore worth of the company shares at the end of November against Rs 253 crore a month ago. ...Less
- IRCTC shares tumble 4% after Q3 results fail to cheer D-Street
IRCTC reported a 10% YoY revenue growth to Rs 1,225 crore in Q3FY25, with a 11% PAT increase on a sequent ...More
IRCTC reported a 10% YoY revenue growth to Rs 1,225 crore in Q3FY25, with a 11% PAT increase on a sequential basis. Despite higher expenses, its key segments, including catering and tourism, saw positive growth. The company also declared a Rs 3 interim dividend. Analysts suggest a 12% upside in its target price, with a 'Hold' recommendation. ...Less
