IRCTC Share Price in Focus As Its E-Ticketing Service Down Due to Scheduled Maintenance

On December 26, 2024, the IRCTC website and mobile app, used for booking train tickets, were temporarily unavailable. The IRCTC confirmed that the outage was due to scheduled maintenance work. The timing of the issue affected many passengers, especially during the busy holiday season when train ticket bookings are high.

IRCTC stated, “Due to maintenance activity, e-ticketing service will not be available. Please try again later.” This is the second disruption of the service in December, raising concerns among regular users.

Impact on IRCTC Share Price

Following the outage, IRCTC share price dropped nearly 1% in today’s trading session and is currently at ₹779.25, reflecting a decrease of ₹9.55 or 1.21% on December 26, 2024, at 12:18 PM. Over the past 5 days, IRCTC’s stock has dropped by ₹22.35, or 2.79%. In the last month, the share price has fallen by ₹35.70, representing a 4.38% decline. Over the last 6 months, the stock has seen a significant decrease of ₹211.20, or 21.32%. Yearly, the stock is down by ₹90.55, marking a 10.41% fall. However, over the past 5 years, the share price has surged by ₹603.38, a remarkable increase of 342.60%.

Recent Changes to Ticketing Rules

This outage comes shortly after Indian Railways introduced new ticketing rules on November 1, 2024. The Advance Reservation Period (ARP) was reduced from 120 days to 60 days to avoid over-booking and improve planning for special trains during peak seasons. While this change has drawn mixed reactions, it is aimed at reducing cancellations and discouraging “No-Show” passengers who do not cancel their bookings.

About IRCTC

Indian Railway Catering and Tourism Corporation (IRCTC) is a public sector enterprise in India that offers ticketing, catering, and tourism services for Indian Railways, which is state-owned. It was founded in 1999 by the Government of India and functions under the Ministry of Railways.

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