IRCTC at life-time high

about 1 year ago
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IRCTC, which had closed yesterday at Rs.1418.95, went on to hit an all time high today at Rs.1596.95.

The stock price is reacting to its performance for Q3FY20 wherein it recorded a 180% (YoY) jump in net profit at Rs.206 crore; this jump was on a 65% rise in revenue from operations at Rs.716 crore.

Operating profit jumped 2.7 times to Rs.266 crore and margins improved sharply from 22.7% to 37.1%.

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