Business Standard

QUICK TAKE: IRCTC SHARES ON A ROLL

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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

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