IRCTC share price crosses the ₹5,000-mark and India’s Twitterati see the funny side of it
Oct 14, 2021, 15:14 IST
- IRCTC shares have grown a whopping 610% since its listing two years ago.
- If you had invested ₹1,00,000 on its IPO in October 2019, your shares would now be worth ₹7,10,000.
- India’s Twitterati are having their share of fun with this.
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The share price of IRCTC, or Indian Railway Catering and Tourism Corporation, climbed over ₹5,000 earlier on Thursday. And it will be wrong to say one did not anticipate it.IRCTC’s performance in the stock market has been quite a stellar one so far. The company’s shares have grown a whopping 610% since its listing exactly two years ago.
If you had invested ₹1,00,000 on its IPO in October 2019, your shares would now be worth ₹7,10,000. A seven fold return in a span of 24 months is great news for an investor.
Even Twitter is so excited about IRCTC’s uphill growth that it has not turned into a meme fest.
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While people who own IRCTC stock are celebrating, there are also the ones who missed out on the deal.
While others are trying to take a dig at IRCTC’s products. Well, no complaints there.
Well to summarise it all, there is only one thing to say.
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The next goal is quite simple.
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