IRCTC jumps 12.5% on strong Q3 nos; Co announces interim dividend of Rs 10

Jannie Delucca

Indian Railway Catering and Tourism Corporation (IRCTC), the just lately-shown on the web ticketing, tourism and the catering arm of railways, jumped more than 12 for each cent on Thursday, a working day after the corporation posted robust established of quantities for the quarter ended December 31, 2019.

At 09:28 am, the inventory was quoting around ten for each cent better at Rs one,559 apiece on the BSE. It strike a higher of Rs one,596.95 in the early trade versus prior close of Rs one,418.95. In comparison, the S&P BSE Sensex was buying and selling .fourteen for each cent reduced at forty one,508 stages.

For the quarter below evaluation, IRCTC posted a whopping 178 for each cent yr-on-yr (YoY) leap in its web profit at Rs 206 crore versus Rs seventy four crore profit in the corresponding quarter of the prior fiscal.

Total profits throughout the period of time stood

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