IRCTC gains 7% in 2 days as Railways to operate additional special trains

As per media reports, the government is planning to sell 15-20 per cent in IRCTC via offer for sale.

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) gained 3 per cent to Rs 1,460 on the BSE on Tuesday, rising 7 per cent in the past two trading days on operation of additional special trains with effect from Saturday, September 12.

In the first six trading days of the current month, the stock of the government-owned travel support services company has outperformed the market by surging 9 per cent from the level of Rs 1,343. In comparison, the S&P BSE Sensex has risen 0.10 per cent. 

The stock has recovered 88 per cent from its low of