Somebody must have had been hugely short in IRCTC and thus this order of sharing convenience fee was given.
Now, cartel operators in league with Railways would have had gone long at lower levels and thus this order has been withdrawn.
Does Railways does not understand the implications of levying sharing mechanism and withdrawal orders or are they in hand in glove needs to be investigated by a regulatory body?
Impact
Tremendous bounce back by irctc ...from 650 to 850 levels .. if levels of 1600 soon may be arriving ...means the price of 8000 per share ...
Remember stock split has occurred in stock.
Verdict
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