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IRCTC gains on launching co-branded contactless credit card on RuPay Platform with SBI Card

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  • bitnet infotech
  • July 28, 2020
  • 8:54 am

Indian Railway Catering & Tourism Corpn. is currently trading at Rs. 1346.85, up by 1.65 points or 0.12% from its previous closing of Rs. 1345.20 on the BSE.
The scrip opened at Rs. 1344.85 and has touched a high and low of Rs. 1353.00 and Rs. 1340.15 respectively. So far 33365 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1995.00 on 25-Feb-2020 and a 52 week low of Rs. 625.00 on 14-Oct-2019.
Last one week high and low of the scrip stood at Rs. 1399.00 and Rs. 1340.15 respectively. The current market cap of the company is Rs. 21526.40 crore.
The promoters holding in the company stood at 87.40%, while Institutions and Non-Institutions held 2.12% and 10.48% respectively.
Indian Railway Catering and Tourism Corporation (IRCTC) and SBI Card have together launched their new Co-branded Contactless Credit Card on RuPay Platform. With the aim to offer a safe transaction environment to the customers, the new RuPay credit card is equipped with Near Field Communication (NFC) technology whereby the users can expedite their transactions at the POS machines by just tapping the card on the machines without requiring to swipe the card.
Designed to reward frequent railway travellers, the new co-branded credit card offers the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining and entertainment as well as transaction fee waivers.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.

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