IRCTC sees worst day ever after govt sells 20% stake

Indian Railway Catering and Tourism

10/12/2020 04:54

** Shares of IRCTC  INIR.NS  fall 13% at 1405 rupees in
morning trade, their biggest-ever intraday pct fall
    ** Govt of India sells 20% stake in the railway ticketing,
catering and tourism services provider, representing 32 mln
shares (https://bit.ly/39YW8v0)
    ** Co biggest pct loser on the Nifty Midcap 100 index
 .NIFMDCP100 
    ** Despite session's losses, stock up ~58% YTD 

 (Reporting by Vibhuti Sharma in Bengaluru)
 ((RM: vibhuti.sharma.thomsonreuters.com@reuters.net))