Trending stocks: IRCTC shares trade flat in early session

NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 0.37 per cent up in Friday’s trade at 09:40AM (IST). Around 3683 shares changed hands on the counter. The stock opened at Rs 1349.9 and touched an intraday high and low of Rs 1357.8 and Rs 1349.9, respectively, in the session so far.

The stock quoted a 52-week high of Rs 1994.0 and a 52-week low of Rs 625.0.

The government is planning to sell part of its stake in Indian Railway Catering and Tourism Corp (IRCTC) in the current fiscal, and has invited bids from merchant bankers for managing the sale process.


Indian Railway Catering & Tourism Corporation Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 21552.80 Crore) operating in Tourism & Hospitality sector.

For the quarter ended 31-03-2020, the company reported a Standalone sales of Rs 586.89 Crore, down 18.03 % from last quarter Sales of Rs 715.98 Crore and up 18.80 % from last year same quarter Sales of Rs 494.02 Crore. The Company reported net profit after tax of Rs 150.61 Crore in latest quarter.

Indian Railway Catering & Tourism Corporation Ltd. key Products/Revenue Segments include Other Services (Tour Income) which contributed Rs 27.94 Crore to Sales Value (4.61 % of Total Sales), Packaged Drinking Water which contributed Rs 12.78 Crore to Sales Value (2.11 % of Total Sales) and Interest which contributed Rs 11.60 Crore to Sales Value (1.91 % of Total Sales)for the year ending 31-Mar-2009.

Promoter holding
Promoters held 87.4 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 40.93 and price to book value of 16.29.