IRCTC market cap hits Rs 1 lakh crore; 9th PSU to enter $1 trillion club

IRCTC market cap hits Rs 1 lakh crore; 9th PSU to enter $1 trillion club

FPJ Web DeskUpdated: Tuesday, October 19, 2021, 04:24 PM IST
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The stock hit a record high of Rs 6,287.95, gaining as much as 7.1 percent./Representational image |

Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has become the ninth public sector entity to join the privileged club of $1 trillion, according to news reports.

The stock hit a record high of Rs 6,287.95, gaining as much as 7.1 percent. At 9.20 AM, the scrip was trading at Rs 6,283 on the BSE, up 7 percent with its m-cap at Rs 1.01 trillion, LiveMint report said.

According to BSE data, the market capitalisation of the PSU hit the Rs 1-lakh-crore-mark for the first time but slipped to Rs 98,690.40 crore at 10.27 AM.

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