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IRCTC shares extend fall after leadership rejig; what's next: Rs 600 or Rs 700?

IRCTC share price: On the earnings front, the company posted healthy fourth-quarter (Q4 FY23) numbers. The IRCTC Board also recommended a final dividend of Rs 2 per equity share of the face value of Rs 2 for FY23, whose entire paid-up share capital would be Rs 160 crore. "This final dividend is in addition to the interim dividend of Rs 3.50 per share declared by the Board in the month of February 2023 and already paid to the shareholders," the company said in an exchange filing. ....

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Short Call: Patanjali Foods, IRCTC, Apollo Hospitals, finfluencers beware

Market appears to be stuck in a no-man’s land for now. Those sitting on paper profits are loathe to sell as the market is resisting efforts to drag it lower. At the same time, expensive valuations are holding back bulls from chasing prices ....

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