{"id":22319,"date":"2022-02-09T13:52:24","date_gmt":"2022-02-09T08:22:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=22319"},"modified":"2022-02-09T13:52:28","modified_gmt":"2022-02-09T08:22:28","slug":"irctcs-share-price-surges-after-strong-q3","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/","title":{"rendered":"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend of Rs 2"},"content":{"rendered":"<ul class=\"wp-block-list\"><li><strong>IRCTC has posted strong quarterly results, after which its share price increased by 2.5%.\u00a0<\/strong><\/li><li><strong>Its revenue from various segments has increased except other income.<\/strong><\/li><li><strong>It has declared a dividend of \u20b92 per share with a record date of 18th February 2022.<\/strong><\/li><\/ul><div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4214954422\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Indian Railway Catering and Tourism Corporation (IRCTC)\u2019s share price increased by 2.5% to \u20b9860 apiece on the Bombay Stock Exchange(BSE) after its consolidated net profit more than doubled to \u20b9208 crores during Q3FY22 from \u20b978 crores during the same period last year.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2623096844\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The company\u2019s revenue from operations surged 141% to \u20b9540 crores from \u20b9224 crores during the same quarter last year. It reported a net profit of \u20b9209 crores, up by 168% as compared to \u20b978 crores in the corresponding period last year.<\/p><p>Its revenues from the internet ticketing business increased by 118% from \u20b9143 crores last year to \u20b9312 crores in the quarter ending 31st December 2021.<\/p><p>IRCTC has declared an interim dividend of \u20b92 per share for FY 2021-22. Its board has fixed Friday, 18th February 2022 as the record date for the payment of dividends.<\/p><div class=\"trade-content_5\" id=\"trade-3394754974\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>IRCTC\u2019s revenue from catering services has increased by 117% from \u20b948 crores last year to 104 crores this year, Q3FY22. Its tourism segment revenue increased from \u20b915 crores to 68 crores in Q3FY22. However, its other income fell to \u20b916 crores as compared to \u20b921 crores during the corresponding quarter last year.<\/p><p>Ravi Singh, VP and Head of Research at Share India Securities said, \u201cThe steep surge in net profit is mainly led by contribution from all the segments and low base of last year. The company has also declared an interim dividend and the recent Budget announcement on additional Vande Bharat trains is going to benefit IRCTC share price in long term. At the current juncture, technical setup is suggesting a target of \u20b9950 levels in the near term.&#8221;<\/p><p>Santosh Meena, Head of Research, Swastika Investmart Ltd said that \u201cIRCTC is consolidating for more than 3 months in the range of 780-920 and I think strong results can help it to gain momentum where it may try to break out this range in the coming days whereas it also has a tailwind of post covid normalization. If it manages to close above 920 level then we can expect a rally towards the 980-1000 zone however 860 is an immediate hurdle. On the downside, if it slips below 780 then we can expect any weakness,&#8221;<\/p><div class=\"trade-after-content\" id=\"trade-2717509170\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>IRCTC has posted strong quarterly results, after which its share price increased by 2.5%.\u00a0 Its revenue from various segments has increased except other income. It has declared a dividend of \u20b92 per share with a record date of 18th February 2022. Indian Railway Catering and Tourism Corporation (IRCTC)\u2019s share price increased by 2.5% to \u20b9860 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,1513,31],"tags":[],"class_list":["post-22319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-editor-pick","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IRCTC\u2019s share price surges after strong Q3 results | Declares dividend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend of Rs 2\" \/>\n<meta property=\"og:description\" content=\"IRCTC has posted strong quarterly results, after which its share price increased by 2.5%.\u00a0 Its revenue from various segments has increased except other income. It has declared a dividend of \u20b92 per share with a record date of 18th February 2022. Indian Railway Catering and Tourism Corporation (IRCTC)\u2019s share price increased by 2.5% to \u20b9860 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-09T08:22:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-09T08:22:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/\",\"url\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/\",\"name\":\"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg\",\"datePublished\":\"2022-02-09T08:22:24+00:00\",\"dateModified\":\"2022-02-09T08:22:28+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend of Rs 2\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/","og_locale":"en_US","og_type":"article","og_title":"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend of Rs 2","og_description":"IRCTC has posted strong quarterly results, after which its share price increased by 2.5%.\u00a0 Its revenue from various segments has increased except other income. It has declared a dividend of \u20b92 per share with a record date of 18th February 2022. Indian Railway Catering and Tourism Corporation (IRCTC)\u2019s share price increased by 2.5% to \u20b9860 [&hellip;]","og_url":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2022-02-09T08:22:24+00:00","article_modified_time":"2022-02-09T08:22:28+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/","url":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/","name":"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg","datePublished":"2022-02-09T08:22:24+00:00","dateModified":"2022-02-09T08:22:28+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/IRCTC-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/irctcs-share-price-surges-after-strong-q3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"IRCTC\u2019s share price surges after strong Q3 results | Declares dividend of Rs 2"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/22319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=22319"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/22319\/revisions"}],"predecessor-version":[{"id":22330,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/22319\/revisions\/22330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/22322"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=22319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=22319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=22319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}