India, Sept. 8 -- PSU monopolies are usually seen as safe, boring, steady compounders. The logic is simple- if you're the only player allowed to do something, money should just keep flowing in. But markets don't always reward monopoly status on its own. Sometimes the numbers underneath tell a very different story, and that's exactly what's playing out with one of India's best known travel-tech PSUs right now.

Indian Railway Catering and Tourism Corporation Ltd is currently trading at 472.75, down 1.70 or 0.36% from the previous close of 474.45, and sitting just above its 52-week low of 472.00, a level it touched during the session. That's a steep fall from its 52-week high of 739.00. The company's market cap stands at around 37,820 crore...