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IRCTC stock surges 32% in a month, hits all-time high


IRCTC stock surges 32% in a month, hits all-time high
This PSU railway stock has rallied 160 per cent against its 52-week low of Rs 774.85, touched on March 26, 2020
BusinessToday.In | March 4, 2021 | Updated 17:25 IST
IRCTC share price rises 7% on Thursday
Shares of IRCTC, the catering and e-ticketing arm of Indian Railways, jumped nearly 7 per cent to hit all-time high of Rs 2,014.60 on the BSE amid spurt in volume trade. The PSU railway stock breached its previous high of Rs 1,995, touched on February 25, 2020. The stock has rallied 32 per cent over one month period as compared to less than 1 per cent gain in the BSE benchmark Sensex. The recent rally in the stock is attributed to the Offer for Sale (OFS) offered by the company in December 2020. The investors also remained bullish on the stock on roll-out of the COVID-19 vaccine, which is likely to improve sentiment for the travel industry. ....

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Govt allows Zonal Railways to decide on reopening of retiring rooms at stations amid COVID-19


Govt allows Zonal Railways to decide on reopening of retiring rooms at stations amid COVID-19
ANI |
Updated: Mar 03, 2021 19:13 IST
New Delhi [India], March 3 (ANI): The Ministry of Railways on Thursday gave a permission to Zonal Railways to decide on reopening of retiring rooms at railway stations keeping in view the COVID-19 conditions and protocols issued by the government.
Considering the convenience of passengers, Railways has decided to allow operation of retiring room at stations subject to fulfilment of protocols issued by the government. These conveniences were discontinued post announcement of lockdown to prevent the spread of coronavirus, read a statement by the Ministry. ....

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