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IRCTC shares fall over 1% ahead of June quarter earnings

IRCTC, which operates in four business segments- internet ticketing, catering, packaged drinking water under the “Rail Neer” brand, and travel and tourism- has suffered a serious blow due to COVID-19.

September 14, 2020 / 01:53 PM IST


Shares of Indian Railway Catering and Tourism Corporation (IRCTC) traded in the red after falling over a percent in morning trade on BSE on September 11.

The company will release its June quarter earnings later today.

IRCTC, which operates in four business segments- internet ticketing, catering, packaged drinking water under the “Rail Neer” brand, and travel and tourism- has suffered a serious blow due to COVID-19.

Keshav Lahoti- Associate Equity Analyst, Angel Broking said the company's long-term fundamentals are intact.