IRCTC Split News : IRCTC Share Price Today
IRCTC last traded price had surged 6.0% to Rs 2,468.4 on the BSE. On the NSE, IRCTC last traded price had surged 5.9% to Rs 2,468.9. The total volume of shares traded was 7.6 m.
Overall, the benchmark S&P BSE SENSEX was at 52,950.6 (up 0.7%).
Over the last 30 days, the IRCTC share price is up 21.4%. And over the last one year, IRCTC share price is up 84.1%.
The current market capitalisation of IRCTC stands at Rs 394,936.00 m. For more information, check out the list of top 100 companies in India in terms of market cap.
Price info of Indian Railway Catering Tourism Corporation Ltd
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Above Average Sustainable ROE
The company is able to produce and grow value over time because it can generate above-average return on capital.
Tremendous profits from selling cash go straight to the bottom line.
This business has a good operating cash flow to operating income ratio because the company is able to generate a high percentage of operating income as operating cash flow. In the context of this sentence, it can be interpreted as meaning that large working capital cycles exist, which imply positive cash flow cycles that result in either funding growth or dividends. This is certain to yield superior returns for shareholders.
Exorbitant price-setting power
The business has a moderate pricing power, and as a result is well insulated from price competition, working as a protective moat for equity investors.
The company has virtually no debt-to-equity ratio, with only a negligible amount of debt. Equity shareholders bear less risk, since the business is debt-free.
The drawback is that the industry is highly cyclical.
Operating an extremely cyclical business with unpredictable earnings and cash flows is a normal state of affairs for the company. High stock price volatility and poor returns for shareholders will result from this.
Capital allocation is poor
Only 89.45% of the company’s total assets are invested in working capital, cash, and cash equivalents, as well as loans and advances. This negatively impacts shareholder returns because of the management’s capital allocation strategy.
Financially Weak Working Capital Cycle
A working capital cycle of 198 days is required, resulting in large investments in working capital. This lowers the amount of free cash flow the business generates, which hurts the shareholder value and return on investment.
A stock that is extremely speculative
A company’s stock is very speculative, which will most likely result in reduced investment returns for long-term shareholders.
No prior connection to the corporation
Most of the shareholders of the company are in it for the short term. Increasing the overall volatility in the stock market also works to the detriment of long-term shareholders of the company, as there is now increased speculative activity.
Net Operating Loss (NOL)
Due to the recent significant rise in stock prices, the relative margin of safety of investing in the company is low.