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    Trending stocks: IRCTC shares dip nearly 1%

    Synopsis

    A total of 16,583 shares changed hands on the counter till 10:11AM (IST).

    Total market cap of the Indian Railway Catering & Tourism Corporation Ltd. stood at Rs 22472.0 crore at the time of writing this report. 

    NEW DELHI: Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 0.52 per cent down in Friday's trade at 10:11AM (IST). Around 16,583 shares changed hands on the counter.

    The scrip opened at Rs 1431.9 and touched an intraday high and low of Rs 1432.15 and Rs 1399.0, respectively, in the session so far. Shares of the company of Indian Railway Catering & Tourism Corporation Ltd. quoted a 52-week high of Rs 1995.0 and a 52-week low of Rs 320.0.

    Total market cap of the Indian Railway Catering & Tourism Corporation Ltd. stood at Rs 22472.0 crore at the time of writing this report.

    Key Financials
    The company reported consolidated net sales of Rs 715.98 crore for the quarter ended 31-Dec-2019, up 39.47 per cent from previous quarter's Rs 513.37 crore and up 64.59 per cent from the year-ago quarter's Rs 435.01 crore.

    The net profit for latest quarter stood at Rs 205.8043 crore, up 179.64 per cent from the same quarter a year ago.

    Shareholding pattern
    As of 31-Mar-2020, domestic institutional investors held 2.05 per cent stake in the company, while foreign institutional investors held 1.7 per cent and the promoters 87.4 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a P/E multiple of 52.76 and a price-to-book ratio of 21.06. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    Indian Railway Catering & Tourism Corporation Ltd. belongs to the Travel Agen. / Tourism Deve. / Amusement Park / Catering industry.
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    The Economic Times