Shares of Indian Railway Catering and Tourism (IRCTC) rose by 2 percent to Rs 1,041 per share on July 11. This increase followed a collaboration between the Delhi Metro Corporation (DMRC) and the Centre for Railway Information Systems (CRIS) to promote the ‘One India-One Ticket’ initiative. The initiative aims to improve the travel experience for Main Line Railway and Metro passengers in the Delhi National Capital Region.
So far this year, shares of IRCTC have jumped over 16 percent, outperforming the 11 percent rise in the benchmark Nifty 50 index. Earlier, IRCTC had hit a 52-week high of Rs 1,148 per share on May 22, 2024.
With this new facility, Delhi Metro Rail QR Code-based tickets can now be booked via the IRCTC website and mobile app, with a full version launch expected soon. These Metro tickets, bookable up to 120 days in advance and synchronized with Indian Railways’ Advance Reservation Period (ARP), are valid for four days, simplifying travel planning for passengers.
As of 11:20 AM the shares were trading 1.31% higher at ₹1,035.20 on NSE.
