IRCTC gains on inking MoU with BSF
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Indian Railway Catering and Tourism Corporation is currently trading at Rs. 609.50, up by 3.60 points or 0.59% from its previous closing of Rs. 605.90 on the BSE.
The scrip opened at Rs. 609.05 and has touched a high and low of Rs. 612.00 and Rs. 608.25 respectively. So far 16216 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 775.00 on 07-Nov-2022 and a 52 week low of Rs. 557.00 on 06-Jul-2022.
Last one week high and low of the scrip stood at Rs. 613.00 and Rs. 597.90 respectively. The current market cap of the company is Rs. 48796.00 crore.
The promoters holding in the company stood at 62.40%, while Institutions and Non-Institutions held 16.58% and 21.02 % respectively.
Indian Railway Catering and Tourism Corporation (IRCTC) has signed a Memorandum of Understanding (MoU) with Border Security Force (BSF) for comprehensive train booking and on-board catering services to BSF personnel. The company has inked MoU on April 26, 2023.
The MoU is for Booking of Trains and Coaches on Full Tariff Rate for the movement of BSF troops through Indian Railways by IRCTC, Supply and service of Breakfast, lunch and dinner by IRCTC, in accordance for schedule of running of trains and Emergency Meals to meet contingencies during late running of trains and Supply and service of Packaged Drinking Water with each meal served to BSF troops by IRCTC.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
