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IRCTC Is Turning Heads: Here's All You Need To Know
Shares of IRCTC have surged more than threefold this year as Indian investors warm up to internet companies.
14 Oct 2021, 09:39 AM IST
If a loss-making online platform like Zomato Ltd. could be valued at more than Rs 1.07 lakh crore in public markets, then why not India’s largest and profitable e-ticketing firm?The opportunity is not lost on investors.Shares of Indian Railway Catering and Tourism Corp. or IRCTC have surged more than threefold this year. The stock has more than doubled since June. The company, 67.4% owned by the central government, got rerated during...
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