IRCTC share price down 0.7 per cent

Shares of Indian Railway Catering & Tourism Corporation Ltd. traded 0.7 per cent up at Rs 565.9 at around 12:30PM (IST) on Wednesday. The stock had closed at Rs 569.9 in the previous session. Equity benchmark Sensex traded 408.48 points higher at 59514.92 around the same time.


The scrip has declined 32.06 per cent in the last one year till date, while the 30-share index has slipped -1.81 per cent during the same period.

The stock's 52-week high price stood at Rs 840.05 and the 52-week low price at Rs 557.0.

Trading volume on the counter stood at 28,841 shares, while it quoted a price-to-earnings ratio of 48.46, an EPS value of 11.76 and a price-to-book value of 6.58. In the Nifty50 pack, 0 stocks traded in the green, while 0 stocks were in the red.

Promoter/FII Holding
Promoters held 62.4 per cent stake in the company as of 31-Dec-2022, while overseas investor and mutual funds' ownership stood at 6.84 per cent and 0.54 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2022, the company reported consolidated sales of Rs 948.82 crore, up 14.07 per cent from the previous quarter's Rs 831.8 crore and up 70.49 per cent from the year-ago quarter's Rs 556.51 crore. The company reported net profit of Rs 255.53 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.