Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Why IRCTC can't earn a 'buy'
Mint Ahmedabad
|December 25, 2024
Slowing speed
Indian Railway Catering and Tourism Corp. Ltd's (IRCTC) shares hit a new low for 2024 at ₹777.20 on Monday and are hovering near those levels. The stock's lacklustre performance over the past three years is a reminder that companies, even in monopoly businesses like IRCTC in railway ticket booking, do not see a linear rise in profit and market capitalization.
This applies more so if the monopoly business is government-owned, which means there are higher chances that it will not be allowed to make windfall profits and will face challenges in cost-cutting through manpower rationalization.
As IRCTC would find it difficult to raise ticket-booking charges, it has to rely on volume growth and ancillary businesses. While volume growth has its constraints, ancillary businesses have not done enough to please its investors.
Cette histoire est tirée de l'édition December 25, 2024 de Mint Ahmedabad.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Ahmedabad
Mint Ahmedabad
LG India expects mid-teen revenue growth in FY27
LG Electronics India expects revenue growth in the mid-teens in FY27 even as the broader market struggles with raw material price fluctuations, currency depreciation and inflation.
1 mins
May 23, 2026
Mint Ahmedabad
In his debut memoir, Rahul Akerkar bares it all
Split chins. Cut fingers. Toxic boardrooms. Idyllic days on the Mediterranean. Who would guess we are talking not about the latest potboiler, but chef Rahul Akerkar’s memoir, Biting Off More Than I Can Chew (HarperCollins India).
3 mins
May 23, 2026
Mint Ahmedabad
Govt puts curbs on sales of Pregabalin
The Union health ministry has brought the anti-convulsant and nerve pain drug, Pregabalin, under the stricter Schedule H1 category of the Drugs Rules, 1945, to curb its growing recreational abuse, according to a government official and a notification reviewed by Mint.
1 mins
May 23, 2026
Mint Ahmedabad
Better name, better care?
PCOS has been renamed for a more comprehensive approach and clarity in seeking treatment
2 mins
May 23, 2026
Mint Ahmedabad
New road building framework targets proxy control, delays
The government is putting in place a stricter, more transparent framework for harmonious substitution of highway concessionaires amid concerns that developers were using proxies to retain control and lenders were exercising excessive discretion, two people aware of the development said.
2 mins
May 23, 2026
Mint Ahmedabad
The cost of crowded trails
Karnataka has closed most of its trails, just about a month after it issued guidelines and safety protocols for trekking, including regulation of single-use plastic and waste disposal.
1 mins
May 23, 2026
Mint Ahmedabad
The economy does not drive
‘Yes Minister’ feels too naive for the times of today.
4 mins
May 23, 2026
Mint Ahmedabad
Priya moves HC for Sunjay Kapur's EPF
Priya Kapur, widow of Sona Comstar chairman Sunjay Kapur, on Friday moved Delhi High Court seeking clarification and partial modification of an earlier order freezing his assets, marking a fresh twist in the ongoing family dispute over the industrialist’s estimated ₹30,000-crore estate.
1 min
May 23, 2026
Mint Ahmedabad
‘Momo cuts across class and caste’
Tribeny Rai on defying stereotypes and the challenges of making her debut feature in Sikkim
4 mins
May 23, 2026
Mint Ahmedabad
HC shields IndiGo in ₹458-crore GST dispute
The Delhi High Court on Friday protected InterGlobe Aviation, which operates IndiGo, from coercive action over a ₹458.26 crore goods and services tax (GST) demand linked to compensation received from a foreign engine supplier.
1 min
May 23, 2026
Listen
Translate
Change font size