IRCTC shares rose 4.18% to a fresh high of Rs 1,065.50 against the previous close of Rs 1022.80 on BSE. Market cap of the firm rose to Rs 84,856 crore.
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.
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 cap of IRCTC rose to Rs 68,548 crore.