IRCTC Shares Dip 2% Amid Bearish Nifty Midcap 150 Sentiment

Business
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Moneycontrol•23-01-2026, 15:38
IRCTC Shares Dip 2% Amid Bearish Nifty Midcap 150 Sentiment
- •IRCTC shares fell by 2% to Rs 616.25 on Friday, reflecting bearish sentiment.
- •The stock is a component of the Nifty Midcap 150 index.
- •Annual revenue grew by 31.99% from March 2023 to March 2025, reaching Rs 4,674.77 Crore.
- •Net profit increased by 30.72% over the same period, from Rs 1,005.88 Crore to Rs 1,314.90 Crore.
- •IRCTC maintains a strong financial position with a 0.00 debt-to-equity ratio and consistent dividend payouts.
Why It Matters: IRCTC shares dropped 2% due to bearish market sentiment, despite strong long-term financial growth.
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