IRCTC’s shares experienced a 3% surge following the announcement of a 26% YoY increase in consolidated net profit for Q4FY25, reaching Rs 358 crore. Revenue from operations also saw a 10% rise to Rs 1,269 crore. While the average target price suggests a potential upside, the consensus rating remains at ‘Hold’.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.