IRCTC shares have fallen sharply over the past year, hitting a new low. While valuations look cheaper than historical levels, weak earnings growth and sluggish non-ticketing segments remain concerns.
IRCTC shares declined nearly 3% after reports the company may halt cooked meal services on trains due to LPG supply shortages amid the West Asia conflict ...
PB Fintech Ltd and Infosys Ltd were also among key additions. Insurers bought 28.80 lakh shares of Policybazaar’s parent, while Infosys saw purchases worth Rs 343 crore.
India's weightage in the MSCI Standard Index will remain unchanged at 14.1% post the rejig. The number of Indian companies will increase to 165 from 164 in the index.