IRCTC market cap crosses Rs 50,000 crore; stock surges 32% in one month

The stock has been in demand since the company announced proposed a stock split in August.

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) continued their northward journey as the stock rallied another 9 per cent to register a new high at Rs 3,285 in Tuesday's intra-day session.

On Monday, the stock had broken into the elite Top-100 most valuable listed companies' club, and in today's session, the market capitalisation (market cap) of the transport support service provider crossed Rs 50,000 crore mark for the first time ever. In the past two trading days, the stock has surged 14 per cent on the BSE, and gained as much as 32 per cent in the last