IRCTC Share Price: Share price of IRCTC as Sensex drops 780.4 points
Share price of Indian Railway Catering & Tourism Corporation Ltd. 1.08 per cent to Rs 847.80 at 12:32PM (IST) in Thursday’s trade. The counter hit a high of Rs 856.90 and low of Rs 845.05 so far during the session. The stock had closed at Rs 857.10 in the previous session.
The counter had a total traded volume of 12:32PM shares so far with a turnover of Rs 2.48 crore on BSE. The stock traded at a price-to-earnings multiple of 56.54 and a price-to-book ratio of 23.03.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors…
