In a boost to the divestment process, the shares of Indian Railway Catering & Tourism Corporation (IRCTC) on Monday made a stellar debut on the bourses, zooming 127 percent to close at Rs 728.60 over the issue price of Rs 320. The mini-ratna firm, a subsidiary of the Railways, made a dream stock market debut listing at Rs 644, a jump of 101.25 percent, rallied to Rs 743.80 to close at Rs 728.60 the BSE. The stock did not below Rs 625 during the trade. On the NSE, it skyrocketed 95.62 percent to Rs 626 in opening trade.
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Watch IRCTC listing: Blockbuster debut for the subsidiary of Railways; shares zoom 127% With HD Quality.
In a boost to the divestment process, the shares of Indian Railway Catering & Tourism Corporation (IRCTC) on Monday made a stellar debut on the bourses, zooming 127 percent to close at Rs 728.60 over the issue price of Rs 320. The mini-ratna firm, a subsidiary of the Railways, made a dream stock market debut listing at Rs 644, a jump of 101.25 percent, rallied to Rs 743.80 to close at Rs 728.60 the BSE. The stock did not below Rs 625 during the trade. On the NSE, it skyrocketed 95.62 percent to Rs 626 in opening trade.
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Watch IRCTC listing: Blockbuster debut for the subsidiary of Railways; shares zoom 127% With HD Quality
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When a Holding company hold more than one subsidiary it is known as Multiple Subsidiary. In the accounting world, financial consolidation is the process of combining financial data from several subsidiaries or business entities within an organization and rolling it up to a parent company for reporting purposes. In this video tutorial, We will explain Financial Consolidation Multiple Subsidiary
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INDIAN RAILWAYS | NWR | JODHPUR RAILWAYS SONG | IRCTC |
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Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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Sports video | 10451 views
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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Sports video | 1568 views
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Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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Sports video | 2239 views
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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Sports video | 1872 views
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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