IRCTC on right track

IRCTC is in the limelight today morning. From yesterday’s close of Rs.864.50, it opened today at Rs.886.90, going up to an intraday high at Rs.889. Its 52-week high is at Rs.981.35 and low at Rs.625.

The subsidiary of the Indian Railways had two news to share after market hours yesterday. Firstly, it has signed an MoU with Hotel and Restaurant Association of Northern India for listing the association’s member hotels and their room rate inventory for sales on the IRCTC portal.

Secondly, the company also revised its tariff of the standard meals on static units over Indian Railways.