1:1 bonus share & Rs 6,355 crore order book: Railway civil construction company bags order worth Rs 36.36 crore from Delhi Metro Rail Corporation Ltd
1:1 bonus share & Rs 6,355 crore order book: Railway civil construction company bags order worth Rs 36.36 crore from Delhi Metro Rail Corporation Ltd

1:1 bonus share & Rs 6,355 crore order book: Railway civil construction company bags order worth Rs 36.36 crore from Delhi Metro Rail Corporation Ltd

The stock has an ROE of 18 per cent and an ROCE of 25 per cent.

Kiran Shroff Article rating: 4.0

Furthermore, the shares of the company ex-traded 1:1 bonus equity share as of Friday, September 20, 2024.

High ROE & high ROCE stock: This travel services company signs an MoU with Delhi Metro Rail Corporation!
High ROE & high ROCE stock: This travel services company signs an MoU with Delhi Metro Rail Corporation!

High ROE & high ROCE stock: This travel services company signs an MoU with Delhi Metro Rail Corporation!

The stock has an ROE of 45.5 per cent and a ROCE of 59.2 per cent and generated multibagger returns of 140 per cent in just 3 years.

Kiran Shroff Article rating: 3.6

Talking about the financials, IRCTC has a market cap of over Rs 50,000 crore. The company reported positive numbers in its quarterly results and annual results. The net sales increased by 17.50 per cent to Rs 1,002 crore and net profit decreased by 7 per cent to Rs 232 crore in Q1FY24 compared to Q1FY23.

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