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IRCTC Reduces Rail Neer Prices Following GST Cut

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IRCTC Reduces Rail Neer Prices Following GST Cut

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Indian Railway Catering & Tourism Corp. Ltd. ( (IN:IRCTC) ) just unveiled an announcement.

Indian Railway Catering and Tourism Corporation Limited has announced a revision in the Maximum Retail Price (MRP) of its Rail Neer bottled water, following a reduction in Goods and Services Tax (GST) on Packaged Drinking Water from 18% to 5%. This price adjustment, effective from September 22, 2025, aligns with government directives to pass on the tax reduction benefits to railway passengers, potentially enhancing customer satisfaction and maintaining IRCTC’s competitive edge in the market.

More about Indian Railway Catering & Tourism Corp. Ltd.

Indian Railway Catering and Tourism Corporation Limited (IRCTC) operates in the railway sector, providing catering, tourism, and online ticketing services. It is a subsidiary of the Indian Railways and focuses on enhancing passenger convenience and travel experience.

Average Trading Volume: 69,512

Technical Sentiment Signal: Sell

Current Market Cap: 588.9B INR

Learn more about IRCTC stock on TipRanks’ Stock Analysis page.

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