Railway Stocks: There has been a sharp rise in the prices of shares of companies related to Railways (Indian Railways). On Friday, a good news came regarding railway stock IRCTC.
There has been a sharp rise in the prices of shares of companies related to Indian Railways. On Friday, a good news came regarding railway stock IRCTC. After which an increase of 7 percent was seen in the prices of the company’s shares. Let us tell you, the share price of IRCTC was Rs 725.60 at the time of market closing on Friday.
What is the matter? (IRCTC News)
The Railway Ministry has given permission to book catering facility in special coaches and trains through IRCTC. After the permission of the Railway Ministry, there was a rise in the shares of IRCTC on Friday. Let us tell you, this facility will not be available in trains which have a pantry car. That means food will be available there from the pantry car.
How is the company’s performance in the stock market?
IRCTC share prices have seen a rise of more than 11 percent in the last one month. At the same time, so far this year this stock has been able to achieve a gain of only 12.85 percent. That means the sluggish stock came to life on Friday. Let us tell you, 52 week high of IRCTC is Rs 775 and 53 week low is Rs 557.15 per share.
