IRCTC Shares Surge 2% After Teaming Up with DMRC and CRIS for ‘One India-One Ticket’ Initiative

Shares of Indian Railway Catering and Tourism (IRCTC) increased by 2% to ₹1,041 on July 11. This gain follows IRCTC’s collaboration with the Delhi Metro Corporation (DMRC) and the Centre for Railway Information Systems (CRIS) to support the ‘One India-One Ticket’ initiative, which aims to enhance travel for railway and metro passengers in the Delhi National Capital Region.

IRCTC shares have risen over 16% this year, outperforming the Nifty 50 index’s 11% gain. Earlier, IRCTC reached a 52-week high of ₹1,148 on May 22, 2024.

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With this initiative, Delhi Metro Rail QR Code-based tickets can now be booked via the IRCTC website and mobile app. The full version of this service will be launched soon. These tickets can be booked up to 120 days in advance and will be valid for four days, making travel planning easier for passengers.

A QR code will be printed or available in the Electronic Reservation Slip from IRCTC for each passenger. Currently, single-journey tickets for the Delhi Metro can only be booked on the day of travel.

This new feature synchronizes DMRC-IRCTC QR code-based tickets with Indian Railways’ Advance Reservation Period (ARP), allowing passengers to book metro tickets up to 120 days in advance. These tickets will be valid for a single journey over a four-day period: the day before the DMRC journey date, the travel date itself, and the two days following the journey date.

This joint effort will enhance the travel experience by enabling passengers to book Delhi Metro tickets at the rail ticket confirmation page, integrating it with either the source or destination station in the Delhi/NCR region, according to IRCTC.