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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MARKET LIVE: Sensex trades lower, Nifty below 12,200; IRCTC surges 10%

Jannie Delucca

Benchmark indices have been buying and selling flat with a unfavorable bias as investors reassessed the scope of the coronavirus outbreak after China’s Hubei province reported a file increase in the dying toll on Thursday.

The S&P BSE Sensex dipped 70 points, or .17 per cent, to 41,five hundred degrees. IndusInd Bank, HCL Tech (both equally down 1%), and HIndustan Unilever (down .nine per cent) have been the leading laggards in the Sensex pack. On the other hand, Condition Bank of India (up two%), Titan and ONGC (both equally up 1%) gained the most.

The broader Nifty50 index gave up the twelve,200 mark and was hovering about the twelve,180 degrees, down 17 points, or .14 per cent.

In the broader market place, the S&P BSE MidCap was buying and selling flat and the S&P BSE SmallCap index ticked up twenty five points, or .17 per cent.


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