After the second wave of the corona has subsided, Indian Railway Rail Services have started again. As a result, the Indian Railway Catering and Tourism Corporation (IRCTC) is gaining momentum in the stock market. IRCTC’s share has shown tremendous growth over the past one year. Shares of the company traded as high as Rs 2,458 per share on Friday.
There was a drop in lockdown last year: Last year, the Indian Railway’s passenger services were affected due to a tight lockdown across the country due to corona. This has forced investors to bear losses. In July last year, the IRCTC’s per share price was Rs 1350. 1108, a gain of Rs.
That means investors who bought 100 shares of IRCTC in July 2020, now make a profit of 1100 or more per share. In this sense, investors have made a profit of more than Rs.
20 Lakhs Investment, check details, Rs
Listed in 2019: Let us tell you that the Indian Railway Catering and Tourism Corporation (IRCTC) is listed on the stock market in October 2019. This company’s IPO has had a tremendous response. The company makes everything from railway ticket bookings to food and drink. Now, after relief from the lockdown, the rail services are starting again, which is why the IRCTC is gaining share price.