QUICK TAKE: IRCTC SHARES ON A ROLL
IRCTC rose 7 per cent on Friday, taking the month-to-date gains to 19 per cent. The management expects to reach pre-covid levels very soon, following the resumption of Tejas Express, rise in convenience revenue to 25 per cent, capacity expansion of Rail Neer, and impact of price hikes in catering, says Anand Rathi. It has a target of ~2,850