
Shares of Indian Railway Catering & . rose 0.45 per cent to Rs 639.7 in Wednesday's trade as of 11:12AM (IST) even as the benchmark Nifty ruled at 17907.55, down 6.6 points.
The scrip had closed at Rs 636.85 in the previous session. The stock quoted a 52-week low of Rs 557.0 and a high of Rs 918.3. The company quoted a market-cap of Rs 51120.0 crore on the BSE.
On BSE, 13,307 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 57.17 times its trailing 12-month EPS of Rs 11.18 per share and 6.58 times its book value. The return on equity (ROE) stood at Rs 35.22.
Key Financials
For the quarter ended 30-Sep-2022, Indian Railway Catering & Tourism Corporation Ltd. reported consolidated sales of Rs 831.8 crore, down 97.55 per cent from the same quarter a year ago. The company reported 42.54 per cent YoY growth in net profit at Rs 226.03 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 636.85 in the previous session. The stock quoted a 52-week low of Rs 557.0 and a high of Rs 918.3. The company quoted a market-cap of Rs 51120.0 crore on the BSE.
On BSE, 13,307 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 57.17 times its trailing 12-month EPS of Rs 11.18 per share and 6.58 times its book value. The return on equity (ROE) stood at Rs 35.22.
Key Financials
For the quarter ended 30-Sep-2022, Indian Railway Catering & Tourism Corporation Ltd. reported consolidated sales of Rs 831.8 crore, down 97.55 per cent from the same quarter a year ago. The company reported 42.54 per cent YoY growth in net profit at Rs 226.03 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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