IRCTC share price FALLS 9%, Know the reason WHY?
IRCTC share price today is Rs 1576, down Rs 155 or 9%. IRCTC share price has moved down over from Rs 1700 to Rs 1576 in the last one week. The Covid concerns may hamper the earnings of IRCTC going further and that’s the key reason that the stock price is falling in today’s session. Many Analysts highlight that implementation of lockdown would impact the travel plans of IRCTC customers and this precisely will impact the earning of IRCTC
Nilesh Jain said that IRCTC has immediate support is now placed at Rs 1660 and below that it can test Rs 1600 levels: Reuters