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IRCTC share price rise over 3% after Railway Ministry revise tariff of standard meals

At 1402 hours, IRCTC was quoting at Rs 894.95, up Rs 30.50, or 3.53 per cent.

SNS | New Delhi | December 24, 2019 2:21 pm

IRCTC share price rise over 3% after Railway Ministry revise tariff of standard meals

(Photo: iStock)

Indian Railway Catering and Tourism Corporation (IRCTC) share price rose over 3 percent in the opening trade on Tuesday after Ministry of Railways revised the tariff of standard meals on static units over Indian Railways.

Ministry of Railways vide its Commercial Circular and Letter dated December 12, 2019, has revised the tariff of standard meals on static units over Indian Railways, according to a filing to the BSE.

At 1402 hours, IRCTC was quoting at Rs 894.95, up Rs 30.50, or 3.53 per cent.

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The company has also signed Memorandum of Understanding (MoU) with Hotel and Restaurant Association of Northern India (HRANI).

(With input from agencies)

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