Incorporated on September 27, 1999, the Indian Railway Catering and Tourism Corporation (IRCTC) is an extended arm of the Indian Railways to upgrade, profes-sionalise and manage the catering and hospitality services at stations, on trains and other locations. IRCTC as a public sector undertaking provides a single-window solution to all travel, tourism, internet ticketing and hospitality-related services. It has completely redefined travel and tourism in India. With a host of services ranging from online ticket bookings to hotel and flight bookings, the online portal meets varied travel needs with just a few clicks.
IRCTC also promotes domestic and international tourism with special tour packages and advanced e-ticketing services. It is the only entity authorised by the Indian Railways to sell railway tickets online, provide catering services on trains, and deliver packaged drinking water at railway stations and trains in India. The company operates through four major divisions – catering and hospitality, internet ticketing, travel and tourism and packaged drinking water (Rail Neer), offering a comprehensive range of products and services that meet the needs and expectations of millions of travellers.
Sector Overview
This story is from the November 08, 2021 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 08, 2021 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Two to Tango: Indian IT Meets Nasdaq?
The outperformance of NASDAQ is not broad-based and is primarily led by a few companies that are dominant in new emerging technologies and are leading the wave. Indian IT companies and many other traditional IT companies will see a temporary slowdown till the time they do the catching up either organically or inorganically
It's Time To Exit From 'Those' Stocks!
Were you among the investors who sold stocks during the recent market panic, or shouldn’t you have followed the herd mentality? In the unpredictable world of stock markets, recognising the opportune moment to sell can be as crucial as identifying the right time to buy. Mandar Wagh delves into the concepts of intrinsic value and overvaluation, offering insights into strategies investors can employ when their stocks are deemed overvalued
Stress Tests: The Mandate, The Results & Insights
Now that the Securities and Exchange Board of India SEBI) has made it mandatory for fund houses to undertake stress tests for mid-cap and small-cap funds to see if redemptions can be made within a short period in the face of any financial crisis, it is important for investors to Know more about how such stress tests are conducted and what they reveal
Powering the Future: Opportunities in Green Stocks
As the world grapples with the challenges of climate change, the spotlight turns towards renewable energy stocks and their pivotal role in shaping a cleaner, greener future. Kamal Mansuriya analyses the transformative potential of renewable resources, driving both environmental stewardship and economic growth.
Leverage Like a Legend: Warren Buffett's Japan Gambit and Lessons for Investors
Imagine turning a billion dollars into twelve, all without risking a dime of your own. Sounds like financial fiction, right? But that's exactly what investing guru Warren Buffett pulled off with his audacious bet on Japan. In this special story, Vaishnavi Chauhan dissects the unconventional strategy Buffett employed to leverage borrowed money and generate sky-high returns in the Land of the Rising Sun.
The Art Of Identifying Market Winners
When it comes to choosing the right stocks, Dr. Ruzbeh Bodhanwala and Dr. Shernaz Bodhanwala, faculty at FLAME University, Pune suggest that no single metric or ratio should be used to make an investment decision. There is no substitute for thorough fundamental analysis and one should understand the companies' risk profile before investing
Civil construction company gets new order worth 534 crore from Jodhpur Vidyut Vitran Nigam
H.G. Infra Engineering Limited (HGIEL) informed that the company bagged an order worth ₹ 534 crore from Jodhpur Vidyut Vitran Nigam Ltd.
This solar power EPC company achieves the milestone of over 1,000 MW contracted orders globally
Scorpius Trackers, a leading solar tracking technology S company and a of Gensol company and a subsidiary of Gensol Engineering Ltd achievement of reaching a significant milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia and Uganda solidifying its position as a key player in the global solar tracking industry.
Recently listed small-cap company bags two orders worth USD 60,43,800
Mukka Protein Ltd has secured purchase orders valued at USD 60,43,800, equivalent to approximately ₹ 50.39 crore from Ever Light Oil Industrial Co. Ltd Land Uni Best General Trading FZE for the fish meal supply.
How To Identify A Market Bubble
While explaining the term market bubble’, this article by Vaishnavi Chauhan elucidates how by prioritising fundamentals, maintaining a long-term perspective and resisting emotional impulses, investors can navigate market bubbles more effectively and safeguard their portfolios against unnecessary risks
