IRCTC’s offer for sale includes base issue size of 2 crore shares or 2.5% stake, with an option to retain over-subscription of another 2.5%. The floor price was at 7.44% discount to Wednesday's closing price of Rs 734.70 on BSE
NMDC may report a 50.3 per cent YoY plunge in net profit at Rs 1,163 crore for September quarter compared with Rs 2,341 crore in the year-ago quarter, said Elara Securities
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have been surging since September 26 this year. The stock of the Indian Railways ticketing arm, which closed at Rs 664.5 on September 26 hit a high of Rs 734.50 today, translating into returns of 10.53 per cent during the period. The upside in the IRCTC stock can be attributed to the relief rally in the Indian equity market in line with global markets, partially recovering from their recent lows.
Shares of Indian Railway Catering and Tourism Corporation Ltd (IRCTC) fell over 8 per cent in early trade today after the railways ticketing arm withdrew its E-tender for appointment of consultant for data monetisation of lndian Railways. The share opened 6.05 per cent lower at Rs 675 on BSE. In today's session, IRCTC stock slipped 8.14 per cent intraday to Rs 660 against the previous close of Rs 718.50 on BSE. Market cap of IRCTC fell to Rs 55,324 crore on BSE.