IRCTC shares fall 3% post Q4 results; here’s why
The ticketing and catering arm of Indian Railways registered a 30.4% YoY rise in net profit at ₹279 crore, while revenue from operations jumped 39.6% YoY to ₹965 crore for Q4FY23.
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IRCTC Q3 profit rises 22% to ₹256 cr, declares dividend; stocks up 2%
The revenue from operations surged 70% YoY and 14% QoQ to ₹918 crore in Q3 FY23, led by catering business.
Info of 30 mn Indian railway users on sale on dark web: Report
Hackers claim there are a lot of govt emails and info about important people in leaked documents.
IRCTC share falls 5% as govt to sell stake at discount via OFS
The government will sell 5% stake in IRCTC at a floor price of ₹680 per share, a discount of 7.4% from Wednesday’s closing price of ₹734.70 on the BSE.
IRCTC shares skid 4% as Q2 misses D-Street estimates
IRCTC shares have delivered a negative return of 18% to its shareholders in the past one year, while it rose 13% in the last six months.
IRCTC plans to monetise rail ticketing data; stock jumps 5%
Last month, IRCTC floated an e-tender for the appointment of a consultant for data monetisation of the Indian Railways
Sensex, Nifty to open tad lower; Hindalco, Coal India, IRCTC, Oil India, SAIL, IGL, HDFC shares eyed
The Sensex and Nifty are poised to slide in the opening trade on Wednesday, following weak cues from global peers as caution prevailed ahead of the U.S. inflation data.
IRCTC raises online ticket booking limit
Railway ticketing platform IRCTC has raised the limit on the number of tickets that can be booked in a month.
Budget 2022: Faster Vande Bharat trains, new cargo terminals on cards; here’s how rail stocks react
Budget 2022: FM announced that 100 PM Gati Shakti cargo terminals to be developed, and 400 Vande Bharat trains to be built in the next three years.
Budget 2022: Five railways-related stocks to focus ahead of Budget 2022
The rail stocks likely to be in focus today include IRCTC, Titagarh Wagons, Texmaco Rail and Engineering, BEML, and Siemens.
