The IRCTC is a subsidiary of the Indian Railways which offers purchase of railway tickets online and catering service at railway stations and on trains in India. The recent rally that started from pre-budget expectations continued post the budget supported by the Union Budget 2020 announcement on February 1 where Finance Minister Nirmala Sitharaman announced that India will get more Tejas-like trains in the near future. ... IRCTC: Govt to sell up to 20% stake via OFS; floor price set at ₹1,367/share IRCTC share sale will take place on a separate window of the stock exchanges on December 10 and December 11. They said that the legal opinion for OFS is being sought and e-Ticket booking has resumed to 4.6 Lk/Day vs 9 Lk/Day pre-Covid. The Indian Railway Catering and Tourism Corporation ( IRCTC ), which recently concluded its Rs 645-crore initial public offering (IPO), will be making its stock market debut on Monday. economictimes.indiatimes.com Share price of Indian Railway Catering and Tourism Corporation (IRCTC), which closed at Rs 933.45 on December 31, 2019 rallied to Rs 1,872.70 on BSE, gaining 939.25 points or 100.62% in 37 trading sessions. The floor price for the offer shall be Rs 1,367, it said. Why the Raiz (ASX:RZI) share price is climbing today – January 5, 2021 11:25am Infinite games: 3 ASX shares with long-term visions – January 5, 2021 10:29am It's slowly but steadily approaching the key Rs 2,000 mark. The fall in IRCTC share price is a good opportunity for investors to "add the stock to their portfolio" says Gaurav Garg, Head of Research, CapitalVia Global Research. Later IRCTC shares pared some gains and settled 1.5% higher at ₹ 1,952. On BSE, IRCTC share price today closed 11.67% or 191.35 points higher at Rs 1,830.65. Get more India News and Business News on Zee Business. Business | Written by Abhishek Vasudev | Tuesday February 4, 2020 . Since Monday, IRCTC share price has nosedived from Rs 1,842.65 per stock levels to Rs 1,359.35 per share levels. Web Title : irctc share price increase to 3 times Hindi News from Navbharat Times, TIL NetworkGet business news in hindi, stock exchange, sensex news and all breaking news from share market in Hindi. Browse Navbharat Times to get latest news in hindi from Business. Join 40,000 traders and investors. Ask questions and get answers on live IRCTC message board. The large cap stock has gained 20.58% in last two days. IRCTC shares were down 1.2% on BSE today after a sharp fall in the previous session. IRCTC's market cap declined to Rs 16,847 crore. The Paragon share price dropped even further on the three trading days following this announcement to be as low as $0.275. The recent encouraging announcement of a breakthrough in the production of a Covid-19 vaccine raises hopes that normalcy should return sooner than later. But then again we should always ignore the price but not value. IRCTC share price has risen over 120% till date compared to its 52-week low of Rs 774 hit during the market crash in March. IRCTC Share Price: Prabhudas Lilladher says IRCTC is a perfect play on the unlock theme with gradual relaxations in travel restrictions coming into effect. IRCTC share price remains the subject of research not only among investors but also among traders. IRCTC shares are trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Also read: IRCTC Q3 profit zooms 179% to Rs 206 crore, revenue up 62%. IRCTC share price traded higher than its 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The government says that this move will provide relief to 6.5 lakh establishments and will provide Rs 6,750 crore worth of liquidity over the next three months. It got listed on October 14, 2019 on bourses. IRCTC declared an interim dividend of Rs 10 on face value of Rs 10 per share. IRCTC shares rose as much as 2.7% today to a new high of ₹ 748.9 on BSE. Rahul Agarwal, Director, Wealth Discovery/EZ Wealth said, "Inclusion of the stock into mid-cap space from January 1 (classified by AMFI, as per SEBI norm) gave positive momentum to the stock in New Year. Q3 earnings performance was powered by broad-based growth across all sectors. To begin with, the IRCTC share price has increased today as much as 10% to a new high of Rs 1,549. It is but natural. IRCTC share price has surged around 6 per cent in the last two trade sessions. IRCTC share price up by 5.00% - Why is IRCTC share price up today? Indian markets have been buoyed by developments on the COVID-19 vaccine front  at home and abroad. On January 16 this year, the Indian Railways stock hit Rs 1,000 for the first time ever a day ahead of launch of India's second private train Ahmedabad-Mumbai Central Tejas Express. IRCTC's net revenue from operations grew 3.77 per cent to Rs 972.61 crore as against Rs 937.25 crore in the first half of the last fiscal. IRCTC valuation at 27x FY22E and 24x FY23E looks challenging but will sustain given: 1) Monopoly - Monopolistic nature of the IRCTC business, 2) Growth - clear growth traction for IRCTC (20% PAT CAGR over 3 years), 3) Returns - Strong returns ratios & healthy Balance Sheet of IRCTC. 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