IRCTC plunges 8% as co withdraws e-tender for data monetisation plan

NEW DELHI: Shares of IRCTC NSE 1.96 % plunged over 8 per cent in Monday’s trade after the company said it has withdrawn e-tender for data monetisation plan.

The scrip fell 8.14 per cent to hit a low of Rs 660 on BSE.

IRCTC told stock exchanges that due to the withdrawal of Personal Data Protection Bill 2018 by the government of India, the e-tender for the appointment of consultant for data monetisation of Indian Railway floated by IRCTC on July 29 has been withdrawn.

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