Optimism on non-ticketing revenues boost IRCTC’s stock
The IRCTC stock has surged nearly 70% in the past three months with a steady improvement in ticket bookings
Shares of Indian Railway Catering and Tourism Corp. (IRCTC) have zipped like a bullet train post the downtick during the second wave of the pandemic. The stock has surged nearly 70% in the past three months with ticket bookings showing a steady improvement. But the trend prices in much of the positives coming out of non-ticketing revenues and ticket sales.
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