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IRCTC climbs 101% over issue price on market debut

NEW DELHI: Shares of IRCTC made a strong debut on Monday, as they got listed at Rs 644, a 101.25 premium over the issue price of Rs 320.

By 10.30 hours (IST), the stock climbed as much as 115 percent to trade at Rs 684.80 against the issue price Rs 320. Over 22 lakh shares changed hands in the first 20 minutes of trade, with a total transaction value of Rs 150 crore.

The company entered the midcap segment straightaway, as its market-cap rose to around Rs 11,000 crore.

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