Indian Railway Catering and Tourism Corporation (IRCTC) joined the elite club of companies commanding Rs 1-trillion market capitalisation (m-cap) on the BSE after its share price hit a new high of Rs 6,332.25 in the intra-day trade on Tuesday. The shares rallied nearly 8 per cent today and have zoomed 33 per cent in the past five trading days.

• United Spirits Gets Relief As FSSAI Revokes Two Orders
• Zydus Gets USFDA Nod For Ascorbic Acid Injection
• Puravankara Rises After Rs 175 Crore Chennai Hotel Order
• Zodiac Energy Gains After Winning UP Solar Plant Order
• Delhi Master Plan 2047 Notified With Major Overhaul

In the morning trade, IRCTC, which is engaged in the travel support services business, traded 6.9 per cent higher at Rs 6,283.50, with a market cap of Rs 100,612 crore, BSE data shows. In comparison, the S&P BSE Sensex was 0.59 per cent higher at 62,131 points. Currently, IRCTC stands at 57th position in the overall m-cap ranking. Today’s feat has surpassed them-cap of IndusInd Bank and ICICI Prudential Life Insurance Company.

Stock Covered in the news

Indian Railway Catering and Tourism Corporation (IRCTC)-View Detailed Analysis