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Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have gained 77% in a year. Of this, the railway stock delivered 45% returns in the last three months. The IRCTC stock is in a brief consolidation period, said analysts adding that the stock could surpass Rs 1,100 mark in the short term.
Booking train tickets on IRCTC can result in money being deducted but no ticket booked, leading to delays in refunds. However, changes are underway to expedite the refund process, aiming for faster processing within an hour.
IRCTC shares, which touched a 52-week low of Rs 557.15 on March 29, 2023, ended at Rs 964.65 on Friday, delivering 73.14% returns during the period.
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit their record high in early trade today. The railway stock has gained momentum in the last two months, rising 42% during the period. IRCTC shares climbed 1.89% to a high of Rs 958 on Friday against the previous close of Rs 940.20 on BSE. The railway stock opened higher at Rs 948.95. Total 1.96 lakh shares of the firm changed hands amounting to a turnover of Rs 18.69 crore on BSE. Market cap of IRCTC rose to Rs 76,124 crore.
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have delivered low returns of 7% in the last two years. IRCTC shares, which closed at Rs 794.40 on December 20, 2021 were trading at Rs 854 today, clocking 7.5% returns during the period. BSE 100 index of which IRCTC is a component, surged 27.85 in two years. In the current session, IRCTC stock climbed 5.4% intraday to Rs 860 against the previous close of Rs 815.55 on BSE. The railway stock opened lower at Rs 801.65. Total 12.20 lakh shares of the firm changed hands amounting to a high turnover of Rs 102.55 crore on BSE. Market ...