Rahul Roy discharged from hospital, yet to recover fully. The fact that IRCTC enjoys a monopoly position in providing online ticket booking and catering services for railway passengers and its high revenue visibility from packaged drinking water justify the valuation premiums that are built into the stock. Later IRCTC shares pared some gains and settled 1.5% higher at ₹ 1,952. 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. It got listed on October 14, 2019 on bourses. 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. It is but natural. IRCTC share price hit all-time high in trade today clocking over 100% rise since the beginning of this year. The Paragon share price dropped even further on the three trading days following this announcement to be as low as $0.275. 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. They said that the Indian stock market has been nosediving after the detection of the Coronavirus infected patients in India and the … On BSE, IRCTC share price today closed 11.67% or 191.35 points higher at Rs 1,830.65. On Monday, IRCTC shares had ended 127% higher at ₹ ₹ 728 on BSE as compared to its issue price IRCTC share prices surge today, hit new high 1 min read. economictimes.indiatimes.com IRCTC Share Price: Prabhudas Lilladher says IRCTC is a perfect play on the unlock theme with gradual relaxations in travel restrictions coming into effect. The IPO was oversubscribed 112 times at a price band of Rs 315 to Rs 320 per share. Since November 13, IRCTC stock has gained 101% on BSE. Also read: IRCTC share rises over 11% post Q3 earnings. The demand for IRCTC shares does not seem to have dampened even after a week of listing. IRCTC shares are trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Despite a muted Mumbai market, IRCTC shares today jumped as much as 4% hit a new high of ₹ 1,995 on BSE. IRCTC share price jumped 5% intra day to the high of 1400.70 in opening session as against the last closing value of Rs 1334 on BSE. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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. IRCTC share price has surged around 6 per cent in the last two trade sessions. Market cap of the company rose to Rs 27200 cr. Get detailed IRCTC stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. Why IRCTC shares are falling or up today? This would provide a strong opportunity for an increase in capacity of passenger trains which in turn would benefit IRCTC across its business segments. On NSE, IRCTC share price closed  14.06% or 230 points higher at Rs 1,869 comared to the previous close of 1,638.60. IRCTC IPO was open for subscription between September 30 and October 4 in 2019. IRCTC reported a 180 per cent increase in year-on-year profit at Rs 205.80 crore for the quarter ended December 31. IDBI Capital says that IRCTC’s business is dependent on Indian Railways and the Covid-19 pandemic has had severe impact on operations of passenger trains. So then, IRCTC might announce its third-quarter results on 12th Feb. Addressing a press conference at National Media centre to give details of the Atmanirbhar Bharat Abhiyan economic package of Rs 20 lakh crore, Like us on Facebook to see similar stories, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Besides, it took its gains to nearly 50% in just seven trading sessions. The recent encouraging announcement of a breakthrough in the production of a Covid-19 vaccine raises hopes that normalcy should return sooner than later. IRCTC share price remains the subject of research not only among investors but also among traders. 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 public issue was part of the government's divestment programme for fiscal year 2019-20. 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. But then again we should always ignore the price but not value. However, the stock is still off its 52-week high of Rs 1,995, hit earlier in February. Market capitalisation of IRCTC share hit Rs 15,000 crore on Friday … IRCTC share has given a 52.31% return to the listing price of Rs 626 on NSE. A day later, stock price of IRCTC surged over 11% to then all-time high of Rs 1,562 on BSE. IRCTC shares were down 1.2% on BSE today after a sharp fall in the previous session. IRCTC share price traded higher than its 5-day, 20-day, 50-day, 100-day and 200-day moving averages. 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. On BSE, IRCTC share price today closed 11.67% or 191.35 points higher at Rs 1,830.65. 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