Irctc revenue share

WebOct 28, 2024 · IRCTC to share 50% revenue from convenience fee with Indian Railways The revenue-sharing arrangement would be enforced from November 1, IRCTC said in a … WebJan 21, 2024 · What IIFL recommends for the PSU stock. 1 min read . Updated: 21 Jan 2024, 01:06 PM IST Livemint. IRCTC shares have rallied nearly 200% in a year. If the govt sells further stake in IRCTC, a ...

IRCTC Q1 FY22 Results: IRCTC Returns To Profit In June Quarter …

WebOct 29, 2024 · The Indian Railways has issued a letter to the Indian Railway Catering and Tourism Corp Ltd ( IRCTC ), withdrawing its decision to share revenue of IRCTC's convenience fee, the company said... WebFeb 1, 2024 · Updated: 01 Feb 2024, 11:50 AM IST Asit Manohar. Budget 2024: IRCTC shares may go up to ₹ 1400 per share levels in long-term, believe stock market experts. IRCTC shares: In budget 2024 speech ... bingo magic reviews https://bradpatrickinc.com

Explained: What happened with IRCTC shares today

WebJun 25, 2024 · Rail neer: IRCTC on an average sells over 34 million bottles in a month and it forms around 8% of the total revenue for the company. Catering: The catering business … WebNov 5, 2024 · IRCTC, Railway Ministry discussing new revenue share model where interest of minority shareholders will be protected: Sources Given the sharp market reaction, … Web1 day ago · Apr 14, 2024 (Heraldkeepers) -- The Online Food Delivery in Train Market research studies not only save you hours of effort but also give your work... bingo machines in houston

IRCTC to share 50% revenue from convenience fee with Indian …

Category:IRCTC: Should investors book profits or it is still a multibagger ...

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Irctc revenue share

IRCTC Share Price Target 2024- 2025-2030 Full Information

WebOct 29, 2024 · IRCTC earned Rs 299.13 crore from the convenience fee during 2024-21, according to the annual report. This was the highest revenue earner for IRCTC in 2024-21 … WebNov 1, 2024 · “If the IRCTC share 50% revenue with the railways then the net impact of it on IRCTC earnings would be ~23-25%. Also, one of the biggest risks for IRCTC is that the government controls the fees charged by it to the public and has the authority to change it which could lead to its resultant impact on IRCTC financials,” he said.

Irctc revenue share

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WebOct 30, 2024 · IRCTC will be sharing its revenue with the Government. In a recent development, the Ministry of Railways has ordered the Indian Railway Catering and …

WebFeb 18, 2024 · 3. Depending on the needs of its business model, IRCTC gets to decide the number of stoppages it wants to afford on a route. For instance, the Lucknow-Delhi Tejas Express has two stops, whereas ... Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ...

WebOct 28, 2024 · Giving a major shock to its shareholders, government-promoted IRCTC announced on Thursday that it will have to share 50 per cent of the revenues earned from convenience fee collected by it with... WebApr 11, 2024 · IRCTC share price was Rs 584.90 as on 11 Apr, 2024, 03:59 PM IST. IRCTC share price was up by 0.62% based on previous share price of Rs 569.9. IRCTC share price …

WebNov 5, 2024 · At present, the government’s 67.4% stake in IRCTC is worth Rs 45,600 crore. Over the past year, the IRCTC stock, a favourite of retail investors, has gained more than 200%, though it is down 30% from all-time high. IRCTC …

WebOct 28, 2024 · The new revenue-sharing arrangement would be enforced from November 1, IRCTC said in its filing on October 28. The company is a monopoly in the Indian railways … bingomaker.comWeb1 day ago · JPMorgan Chase on Friday reported first-quarter profit and revenue that roundly beat expectations. ... The New York-based bank posted a profit of $12.6 billion or $4.10 … d3drmdll missing motocross madness 2WebOct 29, 2024 · It is for the service of online ticket booking offered by the IRCTC. In 2014-15 when the revenue sharing ratio was 20-80, the Railway's online ticketing and catering arm received a majority of the ... d3ds cache folderWebAug 11, 2024 · IRCTC Q1 Results: IRCTC announced its April-June quarter results for the financial year 2024-22, reporting a net profit of Rs 82.52 crore, compared to a net loss of Rs 24.60 crore in the year-ago ... bingomaker.com playWebOct 29, 2024 · In FY21, IRCTC earned ₹299 crore from this segment, which is almost 40% of its revenue from operations of ₹783 crore. At 11:11 a.m. shares of the company were trading 4% lower at 875.95 per share. d3ds cashWebOct 29, 2024 · In 2024-20, IRCTC earned Rs 352 crore from convenience fees and in 2024-21 it earned Rs 299 crore. Till August this year, the IRCTC had earned Rs 224 crore. Meanwhile, mixed global cues dented... bingo maker free cardsWebJul 10, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC), the ticketing arm of Indian Railways, on Friday reported a sharp jump of 71.3 per cent in its net profit at Rs 528.57 crore for the full... d3d search tool