LIC hikes stake in IRCTC to 9.3%Life Insurance Corp (LIC) on Thursday said it has hiked its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to about 9.3 p...
12 Sep, 2024, 07.46 PM IST
ONGC, IRCTC to trade ex-dividend on Friday; last chance to buy todayShares of ONGC and IRCTC were in focus as both companies announced dividend payouts, setting August 23 as the record date. IRCTC declared R...
22 Aug, 2024, 08.19 AM IST
Stocks in news: BEL, IRCTC, Hindustan Zinc, Cyient, Lupin, SBIBharat Electronics Ltd (BEL) has signed an MoU with Aeronautical Development Agency (ADA), DRDO, for the Advanced Medium Combat Aircraft (A...
22 Feb, 2023, 07.08 AM IST
LIC raises stake in IRCTC to 7.3%, becomes single largest public shareholderThe government launched an offer for sale to offload 5% stake in the ticketing services major on December 15 and 16
19 Dec, 2022, 06.20 PM IST
IRCTC has complete autonomy in deciding convenience fee: Chairman“IRCTC board decides on the convenience charges. As long as we are able to take out our cost, expenditure and can contribute a sufficient a...
03 Nov, 2021, 01.39 PM IST
Ministry of Railways withdraws convenience fee decision on IRCTC; stock recoversThe 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 b...
29 Oct, 2021, 01.46 PM IST
Reversal of IRCTC revenue sharing plan positive for market: Hemang Jani“I am really surprised by the fast response that the government has shown to address investor concerns.”
29 Oct, 2021, 12.41 PM IST
How govt's move on revenue sharing will impact IRCTC shareholdersAccording to some back-of-the-envelope calculations, the loss in value of its stake in IRCTC and the valuation multiples for one of the mos...
29 Oct, 2021, 10.36 AM IST
Proxy advisor SES favours 'no' vote on many PSU resolutionsWhile recommending to vote against the financials of PSUs such as Housing and Urban Development Corporation (Hudco), NMDC, National Aluminu...
29 Sep, 2021, 06.28 AM IST
IRCTC OFS closes; govt to mop up Rs 4,374 croreThe promoter had proposed to sell up to 2,40,00,000 equity shares of IRCTC, representing up to 15% stake.
14 Dec, 2020, 09.12 AM IST
IRCTC stake sale: Merchant banker bid date extended till September 14The department of investment and public asset management (Dipam) has invited bids from merchant bankers and brokers to divest 15-20% of the...
10 Sep, 2020, 10.08 PM IST
Govt plans further stake sale in IRCTC, invites bids from merchant bankers by Sep 10The government currently holds 87.40 per cent stake in IRCTC.To meet Sebi's public holding norm, the government has to lower its stake in t...
20 Aug, 2020, 04.30 PM IST
Government to reduce IRCTC shareholding via offer for saleThe department of investment and public asset management (Dipam) has invited bids from merchant bankers and brokers to divest part of the g...
19 Aug, 2020, 10.02 PM IST
IRCTC steams ahead to another record highIRCTC shares which were listed at Rs 644 on October 10 against the offer price of Rs 320, hit a new high of Rs 1,872 on Wednesday.
20 Feb, 2020, 11.33 AM IST
IRCTC ends first day up 128% over issue priceAt the issue price, the stock quoted at 19 times FY19 EPS of Rs 17.
14 Oct, 2019, 07.11 PM IST
IRCTC IPO overall subscribed 112 times, NII quota 354 timesThe qualified institutional buyers (QIB) quota was subscribed 108.8 times, NII 354 times.
03 Oct, 2019, 08.08 PM IST
IRCTC IPO subscribed 111 times so far on Day 3IRCTC has set IPO has a price band of Rs 315-320 per share. At the upper price band, the stock is available at P/E multiple of 18.8 times t...
03 Oct, 2019, 04.15 PM IST