Irctc revenue share

Author: nrfy

August undefined, 2024

WebFeb 1, 2024 · Updated: 01 Feb 2024, 11:50 AM IST Asit Manohar. Budget 2024: IRCTC shares may go up to ₹ 1400 per share levels in long-term, believe stock market experts. IRCTC shares: In budget 2024 speech ... WebMay 31, 2024 · IRCTC shares ended a two-day gaining streak and declined more than 2 percent in early deals. At 1:55 pm, it was trading 0.5 percent lower at Rs 691.20 on BSE. The downtrend in the IRCTC stock comes amid an overall negative trend in Asian markets. In 2024 (year-to-date), investors have lost 19 percent of their wealth in IRCTC’s stock.

IRCTC shares rise after Budget 2024 announces new Vande …

WebOct 28, 2024 · The new revenue-sharing arrangement would be enforced from November 1, IRCTC said in its filing on October 28. The company is a monopoly in the Indian railways … share my live location snapchat

Business Insider India on Instagram: "The Indian government has ...

WebNov 5, 2024 · At present, the government’s 67.4% stake in IRCTC is worth Rs 45,600 crore. Over the past year, the IRCTC stock, a favourite of retail investors, has gained more than 200%, though it is down 30% from all-time high. IRCTC … WebOct 29, 2024 · IRCTC share price plummeted 15% on Friday morning to hit the lower circuit as the investors reacted to the government’s revenue sharing order that may cut the … WebJul 10, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC), the ticketing arm of Indian Railways, on Friday reported a sharp jump of 71.3 per cent in its net profit at Rs 528.57 crore for the full... poor ole henry llc

Indian Railways bets on IRCTC’s swanky new corporate trains; top …

Ministry Of Railways Withdraws Decision To Share Revenues Of IRCTC

WebOct 29, 2024 · In 2024-2024, which was a non-pandemic year, 27 per cent of IRCTC’s revenues came from internet ticket bookings, while they had a 71 per cent share in earnings before interest and taxes (EBIT), compared to 17 per cent, 8 per cent, and 3 per cent share in EBIT that catering, packaged drinking water, and travel and tourism had, respectively. WebThe iPAY revenue was ₹ 27 crore of which IRCTC’s share is ₹ 10.7 crore. 4. The bus ticketing revenue was Rs4.51 crore of which IRCTC’s commission and convenience fee stood at ₹ 32 lakh.... share my location iphone 6WebApr 11, 2024 · IRCTC share price was Rs 584.90 as on 11 Apr, 2024, 03:59 PM IST. IRCTC share price was up by 0.62% based on previous share price of Rs 569.9. IRCTC share price … poor old johnny ray 1982

"WebIRCTC. 581.30 2.00 % (+11.40) Place Order. Scorecard. Performance. Low. ... Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period. Forecasts ... Earnings Per Share Forecast. 2024. Current " - Irctc revenue share

Irctc revenue share

IRCTC shares: Buy or sell? What IIFL recommends for the PSU stock

WebOct 29, 2024 · The move will have an instant impact on IRCTC as it will shave off 50 per cent of its convenience fee revenues generated from its biggest revenue contributor – internet ticketing. Analysts expect an … WebOct 29, 2024 · IRCTC shares tank 25% on asked to share convenience fee with Railways 1 min read . Updated: 29 Oct 2024, 10:21 AM IST Livemint IRCTC has been asked to restart sharing 50% convenience fee...

Did you know?

WebOct 30, 2024 · IRCTC will be sharing its revenue with the Government. In a recent development, the Ministry of Railways has ordered the Indian Railway Catering and … WebJan 21, 2024 · What IIFL recommends for the PSU stock. 1 min read . Updated: 21 Jan 2024, 01:06 PM IST Livemint. IRCTC shares have rallied nearly 200% in a year. If the govt sells further stake in IRCTC, a ...

WebOct 29, 2024 · The Indian Railways has issued a letter to the Indian Railway Catering and Tourism Corp Ltd ( IRCTC ), withdrawing its decision to share revenue of IRCTC's convenience fee, the company said... WebDec 14, 2024 · In 2024-22, the IRCTC earned Rs 1,952.30 crore. IRCTC 's revenue "reduced drastically" by almost 64 per cent during 2024-21 as compared to 2024-20 due to Covid-related travel restrictions, Railway Minister Ashwini Vaishnaw said on Wednesday. He added that the revenue increased gradually after the situation normalised.

WebOct 29, 2024 · IRCTC share price plummeted 15% on Friday morning to hit the lower circuit as the investors reacted to the government’s revenue sharing order that may cut the company’s earnings by as much as 36%. WebOct 29, 2024 · In FY21, IRCTC earned ₹299 crore from this segment, which is almost 40% of its revenue from operations of ₹783 crore. At 11:11 a.m. shares of the company were trading 4% lower at 875.95 per share.

WebOct 29, 2024 · In 2024-20, IRCTC earned Rs 352 crore from convenience fees and in 2024-21 it earned Rs 299 crore. Till August this year, the IRCTC had earned Rs 224 crore. Meanwhile, mixed global cues dented...

Web1 day ago · Apr 14, 2024 (Heraldkeepers) -- The Online Food Delivery in Train Market research studies not only save you hours of effort but also give your work... share my location geofence alertsWebOct 29, 2024 · IRCTC earned Rs 299.13 crore from the convenience fee during 2024-21, according to the annual report. This was the highest revenue earner for IRCTC in 2024-21 … share my location iphone 7Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... poor old marat songWebIndian Railway Catering And Tourism Corporation Limited Share Price Today, Live NSE Stock Price: Get the latest Indian Railway Catering And Tourism Corporation Limited news, … share my location iphone 8WebDec 4, 2024 · IRCTC’s highest earning comes from its catering business, which accounts for 55% of its total revenue, online ticket booking accounts for 12.3% of its revenue, which is … share my location iphone 13WebNov 5, 2024 · IRCTC, Railway Ministry discussing new revenue share model where interest of minority shareholders will be protected: Sources Given the sharp market reaction, … poor olympic ratingsWebNov 1, 2024 · “If the IRCTC share 50% revenue with the railways then the net impact of it on IRCTC earnings would be ~23-25%. Also, one of the biggest risks for IRCTC is that the government controls the fees charged by it to the public and has the authority to change it which could lead to its resultant impact on IRCTC financials,” he said. share my location iphone 11