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IRCTC shares soar 9% ahead of Budget; other railway stocks also gain

The share price of IRCTC has gained 40 per cent this month. It has surged 30 per cent in the last one week. 

By Newsd
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IRCTC launches payment aggregator iPay

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) continued its upward journey and hit another life-high on Saturday ahead of the annual Union Budget.

The stock hit a high of Rs 1,326.45 before coming down marginally. It was up 9.08 per cent to Rs 1324.95 at 10.42 am.

The share price of IRCTC has gained 40 per cent this month. It has surged 30 per cent in the last one week.

Among other railway stocks, IRCON was up 2.55 per cent to Rs 485, Rail Vikas Nigam 1.64 per cent to Rs 27.85, Texmaco Rail Engineering 3.57 per cent to Rs 39.15, Kernex Microsystems 2.98 per cent to Rs 19 and Rites gained 1.95 per cent to Rs 317.

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