2 min read.Updated: 19 Oct 2021, 04:55 PM ISTLivemint
State-owned IRCTC entered the primary markets by listing in October 2019 and enjoys a strong monopoly
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Shares of Indian Railway Catering and Tourism Corporation (IRCTC) witnessed a sudden slump of ₹1,400 or 15% towards close to ₹4,995 per share in Tuesday's trading session after hitting a record high in early deals. The stock closed at ₹5,363 apiece, down more than 8%. IRCTC shares had hit a record high of ₹6,393, gaining over 7% with its market capitalization crossing ₹1 trillion in early deals.