IRCTC has a large bank of data related to every online railway ticket ever generated.
"The firm has just floated a tender to appoint a consultant to look for possible alternatives to monetise its data but the process shall be set into motion only after the appointment. Till then, we await for more clarity on this development," said Devang Bhatt, lead analyst at IDBI Capital Markets & Securities.
"Given the beat on revenue front, we increase our top-line estimates by 5.8 per cent/6.3 per cent for FY22 and FY24 as we re-align our assumptions for catering business. Ticketing volumes will be keenly eyed in near term as reversal in 2S class is applicable from July," wrote Jinesh Joshi and Shweta Shekhawat of Prabhudas Lilladher recently.
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