Analysts say that excessive overvaluation usually ends in sooner corrections as properly which is at the moment being noticed in midcap and smallcap shares together with IRCTC. IRCTC share worth tanked over 46 per cent from all-time excessive hit within the earlier session, to Rs 4,371 apiece on BSE on Wednesday. The market capitalisation of
Indian Railways
Analysts say that IRCTC is in a sideways buying and selling vary of 2000-2150. IRCTC share worth jumped as a lot as 2.3 per cent to Rs 2,125.65 apiece in intraday offers on BSE forward of January-March quarter outcomes. Indian Railway Catering and Tourism Company shares hit a brand new 52-week excessive of Rs 2,184.15
The brand new regime has confirmed to be costly for Concor – whereas it paid Rs 120 crore as land leases to the railways in FY20, it paid Rs 520 crore in FY21. The ministry of railways has circulated a draft Cupboard be aware on the lease coverage for industrial use of railways land, a
Between June 1-18, approval to function 660 extra mail/ categorical trains has been given to the zonal railways. The Railways is all set to renew operations of fifty particular trains, halted as a result of pandemic, from June 21 with the development within the Covid-19 scenario and surge in passenger demand. A brand new summer
It’s going to allow the Web of Issues (IoT) based mostly distant asset monitoring particularly of coaches, wagons and locomotives and stay video feed of CCTV cameras within the practice coaches to make sure environment friendly, safer and quicker practice operations. The Union Cupboard on Wednesday authorized the allotment of a 5 MHz spectrum in