Indian Railway Catering & Tourism Corporation Ltd (IRCTC)

IRCTC Shares Fall After Railway Sector Ignored in Budget Speech - 23 Jul, 2024

IRCTC shares dropped by 3% to trade at Rs 977 following the Union Budget 2024 announcement, which did not allocate funds for the railway sector. However, increased budget allocations for railway infrastructure and digitisation initiatives could boost IRCTC's revenue from e-ticketing and catering services.

Indian Railway Catering & Tourism Corporation Upgraded to Schedule A Category - 22 Jul, 2024

The Indian Railway Catering and Tourism Corporation (IRCTC) has been upgraded from a Schedule B to a Schedule A category Central Public Sector Enterprise by the Government of India.

IRCTC to Enhance Digital Infrastructure for Comprehensive Train Services - 20 Jul, 2024

Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is developing an integrated platform for all train-related needs and leveraging AI and ML for personalised services. The company plans to transition to a public cloud platform for its e-ticketing services, improving scalability and efficiency in operations.

IRCTC Upgraded to Schedule A Category by Govt. - 19 Jul, 2024

Indian Railway Catering and Tourism Corporation (IRCTC) has been upgraded to Schedule A Category, Central Public Sector Enterprises by the Government of India due to its consistent excellent financial performance. Additionally, IRCTC warned users about growing online financial scams related to ticket refunds.

IRCTC Expected to Report Increase in Net Profit and EBITDA - 16 Jul, 2024

Prabhudas Lilladher expects IRCTC's net profit to increase by 6.7% YoY, with net sales expected to rise by 11.2% YoY. EBITDA is also likely to increase by 14.7% YoY.

IRCTC Shares Rise Following Collaboration for One India-One Ticket Initiative - 11 Jul, 2024

Indian Railway Catering & Tourism Corporation (IRCTC) shares rose by 2% after collaborating with DMRC and CRIS to promote One India-One Ticket initiative, allowing booking of Delhi Metro QR code-based tickets on IRCTC website and app. The company reported consolidated sales of Rs 1187.41 crore for Q4 FY24 and MACD signals bullish bias.

IRCTC Collaborates with DMRC for QR Code Tickets - 10 Jul, 2024

Indian Railway Catering & Tourism Corporation (IRCTC) has collaborated with Delhi Metro Rail Corporation (DMRC) and Centre for Railway Information Systems (CRIS) to launch a beta version of QR code-based tickets for mainline railway passengers in the Delhi National Capital Region area.

Market Veteran Likes IRCTC in State-Owned Rail Space - 09 Jul, 2024

Rudra Murthy recommends a stock-specific approach to investing in PSUs, with a focus on Indian Railway Catering and Tourism Corporation Ltd (IRCTC). He expects the near-term target for IRCTC to be Rs 1,150 with a tight stop loss of Rs 990-1,000. IRCTC shares were down 1.17% at Rs 1,033.30.

IRCTC Shares May Outperform Broader Markets - 08 Jul, 2024

Technical indicators suggest a bullish uptrend for IRCTC shares, which may outperform the broader markets in the next few sessions. Experts recommend a long call option strategy to capture the potential upside momentum.

IRCTC Shares Surge Amidst Increased Railway Recruitment Efforts - 05 Jul, 2024

Indian Railway Catering & Tourism Corporation Ltd (IRCTC) shares surged by 2% amidst increased recruitment efforts for Assistant Loco Pilot positions. CA Rudramurthy BV recommends IRCTC as a good buy.

Indian Railway Catering & Tourism Corp. Ltd's ROCE Outpaces Industry Average - 01 Jul, 2024

Indian Railway Catering & Tourism Corp. Ltd has an impressive ROCE of 41%, outpacing the industry average of 16%. Returns on capital employed have risen substantially over the last five years, indicating effective use of capital and potential for compounding returns.

IRCTC Announces Special Air Package Tours - 28 Jun, 2024

Indian Railway Catering & Tourism Corporation Ltd (IRCTC) has announced special air package tours to Thailand and South India temples from Visakhapatnam, including accommodation, meals, and local sightseeing. IRCTC also announced a Bharat Gaurav tourist train package.

IRCTC Plans Special Package; Analyst Recommends Exiting Stock - 27 Jun, 2024

IRCTC is planning a special package from Kerala to unexplored destinations in Uttarakhand. Meanwhile, Religare Broking's Ravi Singh suggests exiting IRCTC and investing in other railway-linked stocks for better returns.

IRCTC Dismisses False Social Media Claims About E-Ticket Bookings - 26 Jun, 2024

Indian Railway Catering & Tourism Corporation (IRCTC) has dismissed rumours circulating on social media regarding train ticket bookings, stating that claims of penalties for booking tickets with different surnames are baseless.

IRCTC Share Price Falls Over 1% - 25 Jun, 2024

Indian Railway Catering & Tourism Corporation Ltd (IRCTC) shares fell over 1% on the Bombay Stock Exchange (BSE) after Railway Minister Ashwini Vaishnaw instructed the corporation to improve food quality and hygiene conditions in pantry cars.

IRCTC Reports 18.23% YoY Increase in Q4 Net Sales - 24 Jun, 2024

Indian Railway Catering & Tourism Corporation Ltd (IRCTC) reported a consolidated net sales of Rs 1,187.41 crore for the quarter ending March 2024, reflecting an 18.23% increase from the same period last year. The company has recommended a final dividend of Rs 4 per share, subject to shareholder approval at the upcoming AGM. IRCTC shares have given returns of 61.52% and 70% in the last 1 and 2 years respectively.