IRCTC reported a 4% rise in Q2 net profit to Rs 308 crore, driven by growth in catering and internet ticketing segments. Despite the profit increase, margins saw a slight dip. The company declared an interim dividend of Rs 4 per share. Following the results, IRCTC shares closed 2% lower on Monday.
HDFC Defence Fund top performance chart in March with 22% return
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL