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IRCTC STOCK NEWS
IRCTC shares drop 5% after Q4 results miss Street expectationsIRCTC's stock witnessed a 5% decline, reaching the day's low of Rs 1,028, following the company's announcement of a consolidated profit aft...
IRCTC shares jump 4%, break 5-session losing streak; here's whyThe 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 trans...
IRCTC shares fall over 5% as govt announces 5% stake sale via OFSAxis Capital, Citigroup Global Markets, Goldman Sachs and JM Financial are handling the OFS. It is part of the government’s disinvestment t...
IRCTC plunges 8% as co withdraws e-tender for data monetisation planIRCTC told stock exchanges that due to the withdrawal of Personal Data Protection Bill 2018 by the government of India, the e-tender for th...
IRCTC Q1 Results: Profit triples to Rs 246 crore; revenue up 250% YoYIts revenue zoomed 251 per cent year-on-year (YoY) to Rs 852 crore during the said quarter.
IRCTC shares rise 4% on three-fold jump in Q3 profit"The outbreak of Covid-19 pandemic globally and in India is causing significant disturbance and slowdown of economic activity. However, the...
IRCTC shares jump 4% on rail ticketing collaboration plan with redBusIRCTC’s share price rose to a high of Rs 808.40 on the National Stock Exchange as against Rs 775.80 at previous close.
Many mutual funds want no part in IRCTC’s roller-coaster ride“IRCTC has been very richly valued and a much needed correction that is happening is probably good for the stock in any case,” Deepak Sheno...
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 Neer expansion and catering price hi...
IRCTC Q2 results: Net profit soars 386% YoY to Rs 159 croreBoth 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 quart...
IRCTC MD on Railways scrapping fee-sharing order, normalisation of biz"We are getting good bookings in all the fields. We are doing new experiments in the deluxe segments and have been very successful. Very so...
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...
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...
IRCTC shares zoom 15% as stock trades ex-splitShares 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 peri...
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 entered a bear market. A technical b...
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 Rail Neer,” brokerage firm Dalal & B...
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 jargon, the stock is simply way too...