IRCTC Shares Surge on Catering Policy Change | Stock Market News
Zee Business Video Team | Updated: November 21, 2023 16:09 pm
The stock of state-run IRCTC has surged after the Railways Ministry announced certain changes to its catering policy. The new policy will allow IRCTC to go for long-term tenders for a period of seven years, subject to satisfactory performance in the initial five years. This is expected to boost IRCTC's revenues and profits.