Sanjay Kumar Jain, Chairman & MD of IRCTC, reported on the company’s performance. IRCTC operated 48 Vande Bharat trains out of 117 prepaid trains, significantly contributing to revenue. The e-catering and rail-based tourism packages saw exponential growth. Capacity for Rail Neer was increased by new plants. Profit margins saw a notable improvement, along with a significant profit growth.
No runaway rally likely; markets to trade in broad range: Sameer Dalal
Equity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon risks. Sameer Dalal of Natverlal &