IRCTC's shares pick up speed on marked revival in travel activity

Topics IRCTC | Markets

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) are up almost 30 per cent since the start of February as investors are betting on the easing of Covid-19 related restrictions and a pickup in vaccination drive to boost travel activity. The stock made a 52-week of Rs 1,989 on Tuesday, and last traded at Rs 1,884.35 on Wednesday on the BSE. The government-owned railways' catering and ticketing company had seen business come to a halt as train operations were severely impacted in the first half of the ongoing fiscal due to the outbreak of Covid-19 and lockdowns. However,.....

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