Railway PSU Stocks, IRFC and IRCTC shares rises after Government confers 'Navratna' status
Shares of Indian Railway Finance Corporation (IRFC) advanced 2.88% to Rs 114.35, while those of Indian Railway Catering and Tourism Corporation (IRCTC) gained 0.34% to currently trade at Rs 678.35 on the BSE.
Railway PSU Stocks, IRFC and IRCTC shares rises after Government confers 'Navratna' status
Shares of the Indian Railway Finance Corporation (IRFC) and the Indian Railway Catering and Tourism Corporation (IRCTC) increased by 0.34% to 2.88% after the Department of Public Enterprises (DPE) granted 'Navratna' status to both organizations.
The DPE, which operates under the Ministry of Finance, plays a crucial role in formulating policies and guidelines related to the functioning and performance of public sector enterprises in India.
Shares of Indian Railway Finance Corporation (IRFC) advanced 2.88% to Rs 114.35, while those of Indian Railway Catering and Tourism Corporation (IRCTC) gained 0.34% to currently trade at Rs 678.35 on the BSE.
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The Indian Railway Catering and Tourism Corporation Ltd. opened at Rs 679.95 on March 4, 2025, and closed at Rs 681.50, up 0.34% from its previous close of Rs 676.05 and Rs 662.30.
The stock closed at Rs 678.35, with a market cap of Rs 54,268 crore. Indian Railway Catering and Tourism Corporation’s stock declined 4.75% over the past week, reflecting short-term volatility.
Over six months, it declined by 28.4%, indicating sustained pressure. The one-year performance showed a 27.9% decline, highlighting ongoing challenges affecting investor sentiment and market stability.
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