IRCTC shares recover after railway ministry withdraws decision on convenience fee
India Today
Shares of IRCTC have recovered substantially after plunging 25 per cent in early trade on Friday. Here is all you need to know.
Indian Railway Catering and Tourism Corporation (IRCTC) shares recovered slightly after the Ministry of Railways withdrew its decision related to convenience fee sharing.
State-owned IRCTC’s shares tanked sharply by 25 per cent in early trade on Friday after the railway ministry informed the PSU that it has to share 50 per cent of the convenience fee that it generates from railway ticket bookings on its website.
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