IRCTC gains on wining e-auction for commercial space in New Delhi
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Indian Railway Catering And Tourism Corporation is currently trading at Rs. 712.70, up by 6.05 points or 0.86% from its previous closing of Rs. 706.65 on the BSE.
The scrip opened at Rs. 711.35 and has touched a high and low of Rs. 724.00 and Rs. 709.00 respectively. So far 74749 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1278.60 on 19-Oct-2021 and a 52 week low of Rs. 557.00 on 06-Jul-2022.
Last one week high and low of the scrip stood at Rs. 726.00 and Rs. 701.60 respectively. The current market cap of the company is Rs. 57016.00 crore.
The promoters holding in the company stood at 67.40%, while Institutions and Non-Institutions held 11.19% and 21.42% respectively.
Indian Railway Catering and Tourism Corporation (IRCTC) has been emerged as successful bidder in the e-auction held on September 06, 2022 for unit no D-200 & D-300 of commercial Built-up space in Tower-D at WTC Nauroji Nagar, New Delhi. The company has been requested to deposit 2nd installment payment as under, within 72 hours of close of e-auction.
The company has earned Rs 844 crore in the last three months, since it brought its commercial earning and non-fare revenue contracts online, with contracts for advertisement on its premises, for parking lots, leasing parcel space, and pay-and-use toilets emerging as the top revenue-generating assets.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
