IRCTC, the beloved stock of Dalal Street, has been acting out for the past two days. What is the issue?
Last updated: 08-Jul-2024•Udhayaprakash
What happened? The share price of IRCTC has been witnessing a steep fall after giving over 50 per cent returns during the past month. It fell after the Ministry of Railways made a controversial announcement on October 28, 2021. It asked IRCTC to share 50 per cent of the convenience fee it earns with the Indian Railways. This triggered an adverse reaction in the market as the company's share price plummeted by 25 per cent. The market reaction has prompted the Ministry of Railways to rev
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