IRCTC Share Trade 52 Week High: Intraday Share Jump 12% But Why?

IRCTC share previous day close price Rs 780.85, today share open Rs 784.85 net volume intraday 3,63,65,109 shares close price Rs 879.15. Today IRCTC touch its 52 week record high Rs 889.35 today share jump 12% in single trading day but according to NSE data if you see today IRCTC buy sell data then you will see someone is selling 72,864 shares at Rs 879.15

Reason Behind IRCTC Share Growth

IRCTC recently submit a file to stock exchanges NSE and BSE according to file said, IRCTC Sees Significant Growth in India’s Non-Railway Catering Business, According to IRCTC press release data,,

IRCTC planning and executing catering projects, and managing numerous service contracts within the railway industry, IRCTC is now embarking on a path to expand into other business fields in order to further promote its brand and business throughout the country.

In order to achieve its goal of becoming the nation’s leading brand in hospitality and catering, IRCTC plans to grow the range of its catering operations throughout the nation. It is currently in talks to establish catering units and provide comprehensive catering solutions with a number of other government agencies and business establishments.

IRCTC PRESS RELEASE DATA

Financial Performance ( all value in Crores )