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01-01-1970 12:00 AM | Source: Accord Fintech
IRCTC rises on getting nod to act as payment aggregator
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Indian Railway Catering And Tourism Corporation is currently trading at Rs. 717.75, up by 4.95 points or 0.69% from its previous closing of Rs. 712.80 on the BSE.

The scrip opened at Rs. 715.00 and has touched a high and low of Rs. 738.15 and Rs. 715.00 respectively. So far 163744 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1278.60 on 19-Oct-2021 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. 738.15 and Rs. 709.00 respectively. The current market cap of the company is Rs. 57436.00 crore.

The promoters holding in the company stood at 67.40%, while Institutions and Non-Institutions held 11.19% and 21.42% respectively.

Indian Railway Catering and Tourism Corporation (IRCTC) has received approval from Registrar of Companies (ROC), NCT, Delhi and Haryana for alteration of its Objects clause of the Memorandum of Association (MOA) to act as Payment Aggregator (I-PAY). Earlier, the shareholders of the company in its 23rd Annual General Meeting held on August 26, 2022 had passed the special resolution for alteration of its Objects clause of the Memorandum of Association.

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.