The operating margin of IRCTC for the current financial year is 31.2759804628809 %. See fundamentals, technicals, … This allows buyers of market reports to clearly understand their growth and market strategies. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Ong believes this would not be the case, as its many stores are seen as a convenience for its customers. The global commercial drone market size was valued at $1,590.9 Mn in 2019 & is projected to reach $8,527.4 Mn by 2027, exhibiting a CAGR of 25.07% It took nearly two years for India’s largest ecommerce website, Indian Railway Catering and Tourism Corporation (), to fix a security vulnerability that could have given hackers unfettered access to the personal information of passengers.IRCTC handles the catering, tourism and online ticketing operations of Indian Railways, involving about 600,000 ticket bookings daily. IRCTC had restored operations for both the trains from October 17, seven months after it had to stop services, from March 19, due to the pandemic. The market’s granular information helps monitor future profitability and make important decisions for growth. IRCTC has cancelled running of two Tejas Express trains due to low occupancy levels because of Covid-19 pandemic. - published on openPR.com IRCTC shares fell sharply around 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). The growth has been led by Tier II and Tier III cities that saw a growth of over 87% Y-O-Y. Press Release CCTV Market Size, Share, Emerging Opportunities, Growth Factors, Competitive Landscape, Sales Revenue, Future Scope and Industry Outlook 2020 … Steps for IRCTC account login. IRCTC said the the website for the first time will offer users personalisation linked to user login. Read more about IRCTC IPO: A robust growth outlook, attractive valuations are key positives on Business Standard. PTC India: Aditya Birla Sun Life Mutual Fund reduced its stake from 5.46% to 3.42% on Nov. 12. If you wish to open and create an account, here are the step-by-step instructions for IRCTC account login. IRCTC share price: IDBI Capital has initiated coverage on Indian Railway Catering and Tourism Corporation (IRCTC) with Target price of Rs 1,800. Operating Margin: - This will tell you about the operational efficiency of the company. Sales growth: - IRCTC has reported revenue growth of 21.6834878589982 % which is fair in relation to its growth and performance. The company is planning to raise Rs 638 crore. They believe that IRCTC in its top 2 segments, internet ticketing booking and catering services (combined 89% of FY20 EBIT) is the sole service provider. The 30-share BSE index Sensex surged 476.45 points, and the NSE Nifty gained over 1.15% at 10:01 am. The share price of Indian Railway Catering & Tourism Corporation (IRCTC) slipped 13 percent intraday on Thursday after the company said that the government is planning to sell up to 20 percent stake in the company via offer for sale (OFS) route. Government to sell up to 20% stake in IRCTC via OFS; fixes floor price of Rs 1,367 per share. A one-stop solution for direct booking of meals, retiring rooms, and hotels along with reservation of rail tickets is the highlight of Indian Railways’ revamped and upgraded e-ticketing website. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Management expects dollar revenue growth at 1.5-3.5% in Q3. Aircraft Ground Handling Systems Market Size, Share, Future Roadmap, Technological Innovations & Growth Forecast To 2026 Post author By [email protected] Post date 29th September 2020 IRCTC's net profit grew 14% for the half-year period ended September 30, 2019, while its total earnings from internet ticketing services jumped 80.8% to Rs 199.3 crore IRCTC Internet ticketing as a digital platform business has seen 302 mn bookings in … December 27, 2020 at 02:52 AM EST. Company profiles of the major leading player with Augmented and Virtual Reality in Healthcare investment forecast, latest technology trends, and future forecast. Futuregrowth is a fixed-interest asset manager in Cape Town, South Africa, committed to acting and investing client's funds in a responsible manner. It analyzes every major facts of the global Augmented and Virtual Reality in Healthcare by specifications of the product, restraints, challenges, and growth opportunities. 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