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From opting in for Rs 10 lakh personal accident insurance cover, the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has now changed the scheme to allow the option to opt out. In other words, passengers booking their train tickets on the IRCTC portal are now automatically provided insurance cover for Rs 10 lakh, a senior insurance industry official told IANS preferring anonymity. Those not wanting the insurance cover have to opt out by clicking the appropriate button. Cur...
IRCTC travel insurance: Passengers now automatically covered, can opt out too
Easebuzz, India’s fast growing digital payments platform, has released its FY23 financial numbers. The annual Gross Transaction Value (GTV) processed by the platform during the year crossed at a record INR 70,000 Crores, a 2.5x growth rate over FY22. The daily volume run rate of the platform touched 400K transactions. Easebuzz has seen a significant momentum in revenue of INR 236 Crores ($29Mn), a growth of more than 90%. The company has remained profitable since inception. The ...
Easebuzz reports profit in the seventh consecutive year; aims to cross $100Mn run rate over the next 12-18 months
Zoop, an IRCTC approved train food delivery partner, announced the launch of Google Chatbot for food delivery on trains. Railway passengers can simply google “Zoop India” and click on the “Chat” option to place food order on train, track their PNR status, and orders within the chat itself. From checking the PNR Status on Google Chats to selecting their desired items to track their orders, users can carry out the entire process without the app or website. They can ev...
Indian Railways: Now use IRCTC Zoop`s Google Chats to Order Food on Train
Indian Railway Catering and Tourism Corporation is currently trading at Rs. 609.50, up by 3.60 points or 0.59% from its previous closing of Rs. 605.90 on the BSE. The scrip opened at Rs. 609.05 and has touched a high and low of Rs. 612.00 and Rs. 608.25 respectively. So far 16216 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 775.00 on 07-Nov-2022 and a 52 week low of Rs. 557.00 on 06-Jul-2022. Last one week hi...
IRCTC gains on inking MoU with BSF
* Offers no questions asked 100% refund of fare amount credited instantly into the source account * Provides most convenient train ticketing experience with features like PNR confirmation prediction, check PNR and live train running status One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced that it has empowered Paytm Super App users to a...
Paytm empowers users to get 100% refund on cancellation of train tickets with `Cancel Protect`, provides instant refund with no questions asked policy
Indian Railway Catering and Tourism Corporation is currently trading at Rs. 636.30, up by 0.15 points or 0.02% from its previous closing of Rs. 636.15 on the BSE. The scrip opened at Rs. 639.55 and has touched a high and low of Rs. 641.50 and Rs. 635.45 respectively. So far 19539 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 868.10 on 09-Feb-2022 and a 52 week low of Rs. 557.00 on 06-Jul-2022. Last one week hi...
IRCTC inches up on starting e-catering services via WhatsApp
Paytm simplifies train travel as IRCTC authorised partner — brings exciting features like guaranteed seat assistance, live platform number updates and more * Offers PNR confirmation prediction feature through which users get an approximate of whether their tickets will get confirmed * Enables users to book Tatkal tickets, check PNR and live train running status, get instant refunds on ticket cancellation and track the platform number * Drives flexibility of payments and a secur...
Paytm simplifies train travel as IRCTC authorised partner brings various new exciting features
Indian Railways has issued the Letter of Award (LoA) for Manufacturing and Maintenance of 9000 HP Electric Freight Locomotives to Siemens, India. The estimated value of the contract is about Rs 26,000 crore (about 3.2 Billion USD), excluding taxes and price variation. The Railways factory at Dahod will manufacture 1200 high horsepower (9000 HP) electric locomotives over a period of 11 years. It would entail manufacturing of 1200 locomotives and maintenance of these locomotives for 35 ye...
Indian Railways authorises Siemens, India to maintain, manufacture 9000 HP locomotives
Life Insurance Corporation of India is currently trading at Rs. 743.90, up by 9.35 points or 1.27% from its previous closing of Rs. 734.55 on the BSE. The scrip opened at Rs. 738.00 and has touched a high and low of Rs. 754.40 and Rs. 730.35 respectively. So far 399164 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 920.00 on 17-May-2022 and a 52 week low of Rs. 588.00 on 21-Oct-2022. Last one week high and low...
LIC jumps on hiking stake in Indian Railway Catering and Tourism
India will sell an up to 5% stake in Indian Railway Catering and Tourism Corp (IRCTC), the company said in a filing on Wednesday, as the government seeks to meet a steep divestment target for the year. The government is looking to sell a 2.5% stake in the state-owned firm at 680 Indian rupees per share, with an option to additionally offload 2.5%. At that price, offloading 5% of IRCTC could fetch around 27.2 billion rupees ($329.90 million), a Reuters estimate showed. IRCTC is the on...
Indian government to sell up to 5% stake in railway unit Indian Railway Catering and Tourism Corp
The share prices of the Indian Railway sector companies seem to be chugging fast on the stock bourses track. The major listed companies catering to the railway sector are: Indian Railway Catering and Tourism Corporation Ltd (IRCTC), Container Corporation of India Ltd, Indian Railway Finance Corporation, IRCON International Ltd, Texmaco Rail and Engineering Ltd, BEML Ltd, Bharat Electronics Ltd, Rail Vikas Nigam Ltd and RailTel Corporation of India Ltd. According to analysts, the share p...
Railway stocks changing to fast track on the bourses
Indian Railway Catering and Tourism Corporation is currently trading at Rs. 758.15, up by 10.20 points or 1.36% from its previous closing of Rs. 747.95 on the BSE. The scrip opened at Rs. 751.10 and has touched a high and low of Rs. 763.85 and Rs. 750.05 respectively. So far 394309 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 929.65 on 16-Nov-2021 and a 52 week low of Rs. 557.00 on 06-Jul-2022. Last one week ...
Indian Railway Catering and Tourism Corporation trades higher on the BSE
Mumbai : India’s leading credit-led, AI-driven financial wellness platform, CASHe, today announced that it has partnered with Indian Railways Catering and Tourism Corporation (IRCTC), India’s largest e-commerce player, to provide a Travel Now Pay Later (TNPL) payment option on its travel app, IRCTC Rail Connect. This will enable travellers of Indian Railways to book their rail tickets instantly and pay for it later in pocket-friendly EMIs, ranging from three to six months. With CA...
CASHe Partners with IRCTC to Launch `Travel Now Pay Later` (TNPL) facility on IRCTC Rail Connect Mobile App
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 729.25, up by 10.25 points or 1.43% from its previous closing of Rs. 719.00 on the BSE. The scrip opened at Rs. 724.00 and has touched a high and low of Rs. 734.50 and Rs. 720.05 respectively. So far 103938 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...
IRCTC gains on launching online medical tourism packages for customers
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 717.75, up by 4.95 points or 0.69% from its previous closing of Rs. 712.80 on the BSE. The scrip opened at Rs. 715.00 and has touched a high and low of Rs. 738.15 and Rs. 715.00 respectively. So far 163744 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 ...
IRCTC rises on getting nod to act as payment aggregator
The Railways has said the overall revenue of Indian Railways at the end of August 2022 was Rs 95,486.58 crore, showing an increase of Rs 26,271.29 crore or 38 per cent over the corresponding period of last year. It stated the revenue from passenger traffic was Rs 25,276.54 crore, an increase of Rs 13,574.44 crore (116 per cent) year-on-year. Passenger traffic also increased compared to last year in both the segments -- reserved and unreserved. The growth from the long distance reserved mai...
Indian Railways`revenue surges 38% to Rs 95,486.58 crore till August-end
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 h...
IRCTC gains on wining e-auction for commercial space in New Delhi
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 693.05, down by 25.45 points or 3.54% from its previous closing of Rs. 718.50 on the BSE. The scrip opened at Rs. 675.00 and has touched a high and low of Rs. 696.75 and Rs. 660.00 respectively. So far 299004 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. 521.29 on 27-Aug-2021. Last one we...
IRCTC tumbles on withdrawing E-tender for appointment of Consultant for Data Monetization
As many as 21 central public sector enterprises (CPSEs) including Maharatna entity ONGC, Navratnas Oil India Ltd (OIL), and Bharat Electronics Ltd (BEL) and Indian Railway Catering and Tourism Corporation Ltd (IRCTC), among others, are functioning without a full-time head. In some cases, the top posts have been lying vacant for as long as 18 months. According to sources in the Department of Public Enterprises, the country's biggest oil refining company ONGC is without a Chairman and...
ONGC, IRCTC among 21 PSEs running without full-time heads
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 682.75, up by 12.60 points or 1.88% from its previous closing of Rs. 671.65 on the BSE. The scrip opened at Rs. 672.60 and has touched a high and low of Rs. 683.65 and Rs. 672.60 respectively. So far 82236 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. 507.00 on 23-Aug-2021. Last one week ...
IRCTC trades higher on BSE
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 670.85, up by 2.65 points or 0.40% from its previous closing of Rs. 668.20 on the BSE. The scrip opened at Rs. 667.00 and has touched a high and low of Rs. 676.00 and Rs. 667.00 respectively. So far 183433 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. 507.00 on 23-Aug-2021. Last one week ...
IRCTC rises on inking MoU with BSF
The Secunderabad-Pune-Secunderabad Shatabdi Express has been restored for operations with the addition of one Vistadome coach. This is the first time that a Vistadome coach has been introduced on any train running under South Central Railways (SCR). During the first few days of its introduction, the train has witnessed overwhelming response with an average occupancy of 63 per cent, SCR said. With its glass top and wide window panel view, passengers can now view the scenic surroundings a...
South Central Railways gets first train with Vistadome coach
Indian Railway Catering and Tourism Corporation is currently trading at Rs. 640.90, up by 3.25 points or 0.51% from its previous closing of Rs. 637.65 on the BSE. The scrip opened at Rs. 644.15 and has touched a high and low of Rs. 648.40 and Rs. 633.00 respectively. So far 438052 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. 459.87 on 30-Jul-2021. Last one week ...
IRCTC rises on launching 8-day trip package to Rajasthan
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 587.70, up by 2.10 points or 0.36 % from its previous closing of Rs. 585.60 on the BSE. The scrip opened at Rs. 587.00 and has touched a high and low of Rs. 594.45 and Rs. 586.25 respectively. So far 28498 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. 450.40 on 15-Jul-2021. Last one week ...
IRCTC gains on unveiling new tour package `Jannat-E-Kashmir`
Indian Railway Catering and Tourism Corporation (IRCTC) is currently trading at Rs. 648.40, up by 0.50 points or 0.08 % from its previous closing of Rs. 647.90 on the BSE. The scrip opened at Rs. 644.00 and has touched a high and low of Rs. 649.15 and Rs. 641.45 respectively. So far 88451 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. 395.67 on 18-Jun-2021. Last o...
IRCTC rises on the BSE
IRCTC is currently trading at Rs. 813.65, down by 17.15 points or 2.06% from its previous closing of Rs. 830.80 on the BSE. The scrip opened at Rs. 802.00 and has touched a high and low of Rs. 819.95 and Rs. 802.00 respectively. So far 293441 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. 308.20 on 19-Apr-2021. Last one week high and low of the scrip stood at Rs. ...
IRCTC slips on the bourses
The Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported an exponential rise in its year-on-year net profit for the Q3FY22. The 'Mini Ratna' Central Public Sector Enterprise's net profit from continuing operations rose to Rs 208.80 crore during the quarter under review from Rs 78.08 crore in corresponding period of the previous fiscal. Besides, the company's revenue from operations rose to Rs 540.21 crore in Q3FY22 from Rs 224.37 crore earned durin...
IRCTC's Q3FY22 net profit from continuing ops at over Rs 208 cr
Key News Vascon Engineers consolidated net profit rises 441.70% in the December 2021 quarter Sales rise 10.35% to Rs 170.62 crore. Net profit of Vascon Engineers rose 441.70% to Rs 28.71 crore in the quarter ended December 2021 as against Rs 5.30 crore during the previous quarter ended December 2020. Sales rose 10.35% to Rs 170.62 crore in the quarter ended December 2021 as against Rs 154.62 crore during the previous quarter ended December 2020. IRCTC Q3 net profit soars 16...
Key News - Vascon Engineers Ltd, IRCTC ,Indian Bank Ltd , Zerodha , Bajaj Electricals ,Bharti Airtel By ARETE Securities
Indian Railway Catering And Tourism Corporation is currently trading at Rs. 859.05, up by 13.40 points or 1.58% from its previous closing of Rs. 845.65 on the BSE. The scrip opened at Rs. 870.00 and has touched a high and low of Rs. 885.70 and Rs. 809.45 respectively. So far 1440822 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. 258.20 on 04-Nov-2020. Last one wee...
IRCTC surges on reporting around 5-fold jump in Q2 net profit
Below are Views On IRCTC enjoys a monopoly business in Indian online train ticket booking services By Hemang Jani, Motilal Oswal Financial Services. Drama of convenience fees being introduced and then withdrawn: Government yesterday announced the revenue sharing arrangement with IRCTC wherein the latter has to share the income generated from convenience fees for bookings made on its website on a 50:50 basis. Government used to have a sharing on convenience fee wit...
IRCTC enjoys a monopoly business in Indian online train ticket booking services By Hemang Jani, Motilal Oswal
The Ministry of Railways has decided to withdraw its decision on sharing of convenience fee earned by IRCTC on online bookings of train tickets. "Ministry of Railways has decided to withdraw the decision on IRCTC convenience fee," DIPAM Secretary Tuhin Kanta Pandey tweeted on Friday. Santosh Meena, Head of Research, Swastika Investmart Ltd. said "It was a roller-coaster ride for the IRCTC where it fell around 25 per cent in the Friday morning session after overnight news ...
IRCTC stock recovers after Railways Ministry withdraws fee decision
BENGALURU - India's railway ministry withdrew its decision on Friday to ask its catering and tourism arm, the Indian Railways Catering and Tourism Corporation, to share half of all the convenience fee revenue it earns. Shares of IRCTC, which plunged as much as 30% earlier, pared some losses and were last down 5.2%. (Reporting by Vishwadha Chander in Bengaluru; Editing by Rashmi Aich)
Indian railway ministry reverses decision to seek convenience fee share from catering arm
Indian Railway Catering and Tourism Corporation (IRCTC) is currently trading at Rs. 3343.20, up by 50.95 points or 1.55 % from its previous closing of Rs. 3292.25 on the BSE. The scrip opened at Rs. 3250.00 and has touched a high and low of Rs. 3358.00 and Rs. 3183.20 respectively. So far 171721 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3425.00 on 08-Sep-2021 and a 52 week low of Rs. 1291.00 on 04-Nov-2020. ...
IRCTC catches speed on planning to start India's first indigenous cruise liner
Derivative Ideas IRCTC FUTS added around 12% in open interest as LONG buildup was seen in it. Current chart pattern also indicates further up move in its price. We suggest buying in IRCTC in cash as per below levels. Strategy:- BUY IRCTC BETWEEN 2060-2070 STOPLOSS 2020 TARGET 2150. To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 &nbs...
Buy Indian Railway Catering and Tourism Corporation Ltd Target Rs. 2150 - Religare Broking
Indian Railway Catering & Tourism Corporation is currently trading at Rs. 1773.45, up by 42.20 points or 2.44% from its previous closing of Rs. 1731.25 on the BSE. The scrip opened at Rs. 1686.00 and has touched a high and low of Rs. 1789.00 and Rs. 1686.00 respectively. So far 146032 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2072.95 on 09-Mar-2021 and a 52 week low of Rs. 1190.00 on 07-May-2020. Last...
IRCTC trades higher on the BSE
Derivative Ideas IRCTC FUTS added around 10% in open interest as short buildup was seen in it till closing time. Current chart pattern also indicates further down move in its price. We suggest selling IRCTC APRIL FUTURES as per below levels. Strategy:- SELL IRCTC APRIL FUT BETWEEN 1610-1620 STOP LOSS 1690 TARGET 1480. To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registratio...
Sell Indian Railway Catering and Tourism Corporation Ltd Target Rs. 1480 - Religare Broking
Indian Railway Catering & Tourism Corporation is currently trading at Rs. 1823.80, up by 65.15 points or 3.70 % from its previous closing of Rs. 1758.65 on the BSE. The scrip opened at Rs. 1792.40 and has touched a high and low of Rs. 1850.00 and Rs. 1776.95 respectively. So far 111867 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,869.15 on 02-Mar-2020 and a 52 week low of Rs. 774.85 on 26-Mar-2020. Las...
IRCTC surges on offering AI-based solution ASK DISHA to various Government organizations
The two Tejas Express trains -- New Delhi-Lucknow and the Mumbai-Ahmedabad -- operated by the Indian Railway Catering and Tourism Corporation (IRCTC) will again run from February 14, almost 10 months after suspending the service in the wake of the Covid pandemic. The IRCTC, in a statement, said that it is all set to restart the operation of its fleet of the first corporate Train, Tejas Express, to cater to the growing passenger demand. "Both the trains are to restart operations fro...
IRCTC to restart 2 Tejas Express trains from Feb 14
Shares of IRCTC plunged over 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). Around 12 p.m., IRCTC shares on the BSE were trading at Rs 1,481.50, lower by Rs 136.55 or 8.44 per cent from its previous close. Yash Gupta, Equity Research Associate with Angel Broking said that shares of the company fell as company announced OFS of up to 2.40 crore shares with option of additional sell of 0....
IRCTC shares fall 8% as government offers stake sale of 20%
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