IRCTC surges on tying up with Bundl Technologies
Indian Railway Catering and Tourism Corporation is currently trading at Rs. 961.85, up by 25.90 points or 2.77% from its previous closing of Rs. 935.95 on the BSE.
The scrip opened at Rs. 946.70 and has touched a high and low of Rs. 965.00 and Rs. 946.00 respectively. So far 370283 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1049.75 on 23-Jan-2024 and a 52 week low of Rs. 557.15 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 965.00 and Rs. 916.75 respectively. The current market cap of the company is Rs. 76892.00 crore.
The promoters holding in the company stood at 62.40%, while Institutions and Non-Institutions held 19.32% and 18.28% respectively.
Indian Railway Catering and Tourism Corporation (IRCTC) has tied up with Bundl Technologies (Swiggy Foods) for supply & delivery of pre-ordered meals through IRCTC e-catering portal as a PoC (Proof of Concept) in the first phase at four Railway stations i.e. Bengaluru, Bhubaneswar, Vijayawada & Visakhapatnam. The e-Catering service through Bundl Technologies (Swiggy Foods) may be available soon.
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.