The scrip fell 5.56% to hit a low of Rs 694.05 on the NSE while on the BSE it declined as much as 5.49% to Rs 694.40.
Pic Credit-Mint
The Shares of IRCTC fell over 5% after the government announced a stake sale of up to 5% through an offer-for-sale at a sale price of Rs680 a share.
Pic Credit-Zee Business
The government has raised Rs 28,383 crore from central public sector enterprises’ stake sale so far this fiscal against the full-year budget target of Rs 65,000 crore.