IRCTC News
Trading at whopping 200 PE, is this monopoly sending out sell signals?
The stock now trades at a price-to-earnings multiple of 200, and price to book value of 40. Cutting the jargon, the stock is simply way too expensive, and probably running on just investors' exuberance.
IRCTC to restart Tejas Express trains from mid-October
SOPs have been issued to ensure the safety of passengers that will be followed by the IRCTC-operated trains.
IRCTC OFS to be announced in 2 weeks
DIPAM had initiated the process to sell 15-20 per cent stake in IRCTC through OFS in September.
IRCTC keeps order to terminate over 500 catering supervisors in abeyance till further notice
Around 560 supervisors (hospitality) were hired by the IRCTC (Indian Railway Catering and Tourism Corporation) in 2018 on contract basis for a period of two years, to maintain a quality check on contractors assigned to cater food in trains equipped with pantries.
IRCTC's Golden Chariot to run again from March 22
IRCTC took over the operation, management and marketing of the special train through a recent agreement with Karnataka State Tourism Development Corporation (KSTDC), which launched the Golden Chariot train in 2008. The train has undergone a makeover befitting taste of international train travel enthusiasts, it said.
Wondered how Railways cooks food for you? Now you can see it live
IRCTC had earlier launched an Artificial Intelligence tool that uses CCTV footage to detect anomalies in hygiene level of the food.