IRCTC stock loses steam a day after racing to a 52-week high

IRCTC Share Price: After hitting a 52-week high a day before, the stock of IRCTC was struggling on BSE on Tuesday (December 19, 2023) as it slipped more than 2.50 per cent in morning deals.
The stock of the Indian Railway Catering and Tourism Corporation Ltd was trading down by 2.54 per cent, or Rs 22.35, at Rs 856.75 on Tuesday, a day after it hit a 52-week high of Rs 888.90 on Monday. 

The PSU's m cap at the time of writing this news stood at Rs 68,540 crore. 

The IRCTC share price has skyrocketted 23 per cent in the last one month.

It has soared 29.20 per cent in the six months; 34.29 per cent year to date while 27.47 per cent in the last one year.

The Nifty 50, meanwhile, has jumped 8.58 per cent in the one month, 14.01 per cent in the six months, 17.51 per cent year to date, and 16.09 per cent in the last one year.