Exploring Indian Railway Catering & Tourism Corporation Ltd.
Are you curious about the latest updates on Indian Railway Catering & Tourism Corporation Ltd.? Dive into the key financial insights and the current market scenario surrounding this company. Let’s delve into the details of its performance and valuation to help you stay informed as an investor or enthusiast in the crypto world.
Performance Overview 📈
– Shares of Indian Railway Catering & Tourism Corporation Ltd. witnessed a 0.72% increase in Thursday’s trade.
– Approximately 35,123 shares were traded during the session.
– The stock opened at Rs 1028.25 and reached an intraday high of Rs 1044.55.
– The 52-week high and low for the stock are Rs 1076.35 and Rs 604.0, respectively.
– The total market cap for Indian Railway Catering & Tourism Corporation Ltd. is currently at Rs 82256.0 crore.
Financial Insights 💰
– In the quarter ending 31-Dec-2023, the company reported consolidated sales of Rs 1163.86 crore.
– This showcases an 11.65% increase from the previous quarter and a remarkable 22.66% surge from the year-ago quarter.
– The net profit for the latest quarter stood at Rs 300.0 crore, marking a 17.4% rise compared to the same quarter the previous year.
Shareholding Analysis 🔍
– As of 31-Mar-2024, DIIs held a 2.97% stake in the firm.
– Foreign institutional investors accounted for 8.08% of the stake, while the promoters held the majority with 62.4%.
Valuation Metrics 📊
– According to BSE data, the stock is currently trading at a price-to-earnings multiple of 74.34 and a price-to-book ratio of 18.5.
– A higher P/E ratio indicates investor optimism about future growth prospects, while the price-to-book value reflects the perceived worth of the company even with stagnant growth.
Hot Take on Indian Railway Catering & Tourism Corporation Ltd. 🚀
Stay updated with the latest performance metrics and market dynamics surrounding Indian Railway Catering & Tourism Corporation Ltd., enabling you to make informed decisions as a crypto investor or enthusiast in the blockchain industry.
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