Corona puts break on IRCTC's speed, investors' money half in a month
Corona puts break on IRCTC's speed, investors' money half in a month
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New Delhi: After the listing in the stock market, IRCTC share prices were increasing at the same speed as the bullet train, but it has been stopped for the last almost one month. Now the stock of IRCTC has taken Ueturn. On Thursday, a 5% lower circuit has been imposed on the shares of IRCTC. Within a month, the amount of people investing in it has been halved.

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That is, if a month ago, someone's one lakh rupees were engaged in IRCTC, now it has reduced to 50 thousand rupees. It is believed that this has happened due to the outbreak of Corona. In fact, due to the havoc of Corona, people have reduced the trips very much and due to this, dozens of trains are being canceled every day.

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On Thursday, the shares of IRCTC reached a price of Rs 1,000 with a 5 percent weakness, while on Wednesday it closed at Rs 1052 on the BSE. The shares of IRCTC reached an all-time high of Rs 1995 on February 25, 2020, and since then their prices have fallen by up to 50 percent.

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