IRCTC dividend 2023 news: Government announces receiving this much dividend trenches from IRCTC, GRSE

The central government announced today that it has received about Rs 175 crore and Rs 47 crore as dividend tranches from Indian Railway Catering and Tourism Corporation (IRCTC) and Garden Reach Shipbuilders & Engineers (GRSE), respectively. 
GRSE is a leading warship building company under the defense ministry.

Shares of IRCTC have not performed well in the last one year as they have gone down 21.71%. However, IRCTC has given two dividends in the last one year with the final one being recorded on November 17, 2022.       
On the other hand, GRSE has been going through a purple patch, as in the last one year, it skyrocketed to 72.44%. Considering its performance, it has given three dividends in the last one year with the previous one in February.  
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