IRCTC dream-run ends?

Shares of IRCTC that enjoyed a dream-run since listing in October last year has run out of steam in the last six sessions. IRCTC stock, which hit a fresh high of ₹1,995 on February 25, corrected 22 per cent or ₹430 from the peak to close at ₹1,565 on Wednesday, down 10 per cent — the lower circuit limit. The PSU firm's initial public offering saw a record subscription of almost 112 times with all categories of investors pouring in money. The company business verticals include internet ticketing, rail neer, catering and peer and travel and tourism.