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IRCTC shares clocked single-digit returns in two years; where is the railway stock headed?

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have delivered low returns of 7% in the last two years. IRCTC shares, which closed at Rs 794.40 on December 20, 2021 were trading at Rs 854 today, clocking 7.5% returns during the period. BSE 100 index of which IRCTC is a component, surged 27.85 in two years. In the current session, IRCTC stock climbed 5.4% intraday to Rs 860 against the previous close of Rs 815.55 on BSE. The railway stock opened lower at Rs 801.65. Total 12.20 lakh shares of the firm changed hands amounting to a high turnover of Rs 102.55 crore on BSE. Market cap of IRCTC rose to Rs 68,548 crore.

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IRFC share price surges 13% to new high, stock doubles investors money YTD. Whats pulling the railway stock, and should you buy, hold or sell? See what analysts say

IRFC share price today: IRFC shares continued their impressive rally on Tuesday as they jumped over 13% to hit a fresh 52-week high of Rs 75.70. So far this year, IRFC share price has jumped over 100%. Watch this Viusal Story to see what's driving the rally in IRFC stocks, and should you buy, hold or sell.

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Stuck in IRCTC shares since one year? Here's what you should do

IRCTC stock ended 1.34% lower at Rs 641.25 against the previous close of Rs 649.95 on BSE. The railway stock opened lower at Rs 646.30.

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IRCTC shares delivered multibagger returns in three years; time to book profit?

IRCTC shares were trading 1.86% lower at Rs 650.30 on BSE. The stock opened flat at Rs 662.65, also the high point of the day.

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MSTC shares tumble 11% post Q1 earnings; check details

MSTC shares slipped 10.87% to Rs 385.65 against the previous close of Rs 432.70 on BSE. Market cap of the firm fell to Rs 2728.70 crore on BSE.

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IRCTC shares in focus today post Q1 earnings

IRCTC shares ended 0.86% higher at 648.80 against the previous close of Rs 643.25 on BSE. Market cap of IRCTC stood at Rs 51,904 crore.

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'Numbers weak but pipeline strongest ever, says HCLtech CFO; company to defers hikes for senior employees

The CFO believes that the strong pipeline would reflect in numbers in the second half of the current fiscal. “Despite the weak Q1, our guidance remains unchanged at 6-8 per cent for the company level and 6.5-8.5 per cent for services. We are confident in our pipeline, which is expected to deliver good revenue in the second half,” Aggarwal noted.

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'Lot of potential...': TCS COO is optimistic about generative AI but aware of adoption constraints

In an exclusive conversation with Business Today, Subramaniam said, “Generative AI technology has a lot of potential. It has been widely embraced by consumers, and now enterprises are exploring its applications. However, there are constraints when adopting generative AI at an enterprise level.”

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Wipro caps variable pay at 80% for Q1 FY24, to defer annual salary hike

The company plans to carry out the pay raise in the third quarter of the year instead of Q2, like it usually does.

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Double-digit growth for the year seems difficult,' says TCS COO N Ganapathi Subramaniam

Discussing the factors contributing to the current softness in demand, Subramaniam pointed to the banking crisis that unfolded in the previous quarter and the cautious approach of governments in the West.

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