The subscription for the OFS opens today, with the floor price fixed at Rs 1,367. It took nearly two years for India’s largest ecommerce website, Indian Railway Catering and Tourism Corporation (), to fix a security vulnerability that could have given hackers unfettered access to the personal information of passengers.IRCTC handles the catering, tourism and online ticketing operations of Indian Railways, involving about 600,000 ticket bookings daily. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Company profiles of the major leading player with Augmented and Virtual Reality in Healthcare investment forecast, latest technology trends, and future forecast. - published on openPR.com IIFL Securities to consider share buyback proposal on Nov. 20. The global Bladder Hydraulic Accumulators Market study offers a compilation of the current, historical, and future outlook of the industry as well as the factors responsible for market growth. The share price of Indian Railway Catering & Tourism Corporation (IRCTC) slipped 13 percent intraday on Thursday after the company said that the government is planning to sell up to 20 percent stake in the company via offer for sale (OFS) route. The E Commerce Inventory Management Software Market Report provides a future growth engine and competitive environment. The operating margin of IRCTC for the current financial year is 31.2759804628809 %. The global commercial drone market size was valued at $1,590.9 Mn in 2019 & is projected to reach $8,527.4 Mn by 2027, exhibiting a CAGR of 25.07% Given the rapid growth in the number of stores, one concern is oversaturation of outlets, which could lead to cannibalisation between Mr DIY stores. Aircraft Ground Handling Systems Market Size, Share, Future Roadmap, Technological Innovations & Growth Forecast To 2026 Post author By [email protected] Post date 29th September 2020 IRCTC's net profit grew 14% for the half-year period ended September 30, 2019, while its total earnings from internet ticketing services jumped 80.8% to Rs 199.3 crore Sales growth: - IRCTC has reported revenue growth of 21.6834878589982 % which is fair in relation to its growth and performance. MUMBAI: Indian Railway Catering & Tourism Corp sold Rs 28,475 crore of train tickets online in the year ended March 2018, growing 14% on-year, but its overall income dipped due to withdrawal of service fee charges.The government-owned portal posted a 3.1% decline in revenue to Rs 1,544 crore while its net profit rose 3.4% to Rs 222 crore. December 27, 2020 at 02:52 AM EST. … In the third quarter ended December 31, IRCTC's net profit jumped to ₹ 205.80 crore IRCTC share price moves closer to ₹ 2,000 as stellar run continues 1 min read. Press Release CCTV Market Size, Share, Emerging Opportunities, Growth Factors, Competitive Landscape, Sales Revenue, Future Scope and Industry Outlook 2020 Step 1: Search for the IRCTC website on google and reach out to the site – irctc.co.in Steps for IRCTC account login. Indian Railway Catering and Tourism Corporation (IRCTC’s) offer for sale (OFS) has been oversubscribed almost 1.6 times in the last two days. Press release - Orion Market Reports - Cryocooler Market, Industry Share, Trends, Growth, Future Prospects, Forecast 2019 to 2025 - published on openPR.com The 30-share BSE index Sensex surged 476.45 points, and the NSE Nifty gained over 1.15% at 10:01 am. By: Comserveonline - Feed. Read more about IRCTC IPO: A robust growth outlook, attractive valuations are key positives on Business Standard. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. PTC India: Aditya Birla Sun Life Mutual Fund reduced its stake from 5.46% to 3.42% on Nov. 12. A one-stop solution for direct booking of meals, retiring rooms, and hotels along with reservation of rail tickets is the highlight of Indian Railways’ revamped and upgraded e-ticketing website. Location-based Services Market - Global Countries Data, Size, Share 2020 Global Industry Trends, Market Size & Growth, Segmentation, Future Demands, Latest Innovation, Sales Revenue by Regional Forecast to 2025. IRCTC shares fell sharply around 8 per cent on Thursday after the company announced that the government will sell up to 20 per cent stake in the company through offer for sale (OFS). The market’s granular information helps monitor future profitability and make important decisions for growth. See fundamentals, technicals, … IRCTC IPO share: IRCTC will sell its shares in the price band of Rs 315- Rs 320 between September 30 and October 3. IRCTC has cancelled running of two Tejas Express trains due to low occupancy levels because of Covid-19 pandemic. The group saw the same-store sales growth rate ranging from 1.8% to 6.5% for FY2017 to FY2019. Interestingly, women trading on the app have grown by 127% Y-O … Indian Railway Catering & Tourism Corporation Ltd.-IRCTC, BSE:542830 Latest news, stock scores, research reports and price movements. IRCTC has had healthy revenue growth of 27.4 per cent in FY19, while the same over FY17-19 averaged 11 per cent Management expects dollar revenue growth at 1.5-3.5% in Q3. Here’s a list of the top losers and gainers in the Nifty Operating Margin: - This will tell you about the operational efficiency of the company. IRCTC share price has risen over 120% till date compared to its 52-week low of Rs 774 hit during the market crash in March. Wipro reported a dollar revenue growth of 3.7% at $1,992.4mn vs. $1,921.6mn QoQ. The first thing is you must have a smartphone device or a laptop with a stable Internet connection. It analyzes every major facts of the global Augmented and Virtual Reality in Healthcare by specifications of the product, restraints, challenges, and growth opportunities. Global Internet of Things (IoT) Market study 2020 exploring the current market status, share, revenue, demand, size, trend, overview, shares, and growth with the help of tables and figures , complete report with figures, graphs and table of contents to analyze the circumstance of global Internet of Things (IoT) market and estimation to 2026. IRCTC share price: IDBI Capital has initiated coverage on Indian Railway Catering and Tourism Corporation (IRCTC) with Target price of Rs 1,800. The growth has been led by Tier II and Tier III cities that saw a growth of over 87% Y-O-Y. Top stocks to watch — Wipro, Infosys, Future Retail, Airtel, IRCTC, SRF, and others ... for a 1.5-3.5% revenue growth in Q3. The offer for … IRCTC … This allows buyers of market reports to clearly understand their growth and market strategies. Ong believes this would not be the case, as its many stores are seen as a convenience for its customers. Futuregrowth is a fixed-interest asset manager in Cape Town, South Africa, committed to acting and investing client's funds in a responsible manner. They believe that IRCTC in its top 2 segments, internet ticketing booking and catering services (combined 89% of FY20 EBIT) is the sole service provider. IRCTC Internet ticketing as a digital platform business has seen 302 mn bookings in … The company is planning to raise Rs 638 crore. IRCTC said the the website for the first time will offer users personalisation linked to user login. 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