IRCTC shares which were listed at Rs 644 on October 10 against the offer price of Rs 320, hit a new high of Rs 1,872 on Wednesday.

IRCTC’s performance is in contrast with other PSU IPOs.

The offer will open on July 16 and close on July 29 subject to regulatory approvals.

On April 4, the stock had listed at Rs 87, a 3 per cent discount to its issue price.

Nearly 40 per cent of the analyst ideas have failed to deliver in the last fiscal.

Companie's shares closed at Rs 248.15, at a 5 per cent lower circuit after opening at Rs 261.20.

Aditya Birla Capital is the holding company of the financial services businesses of the Aditya Birla Group.

The GE Shipping stock hit 52-week high of Rs 470.35 on Wednesday but pared some of the gains to close at Rs 452.85.

The GE Shipping stock hit 52-week high of Rs 470.35 on Wednesday but pared some of the gains to close at Rs 452.85, up 6.83%.

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Shares of Bharat Forge, Bharat Electronics, Pipavav Defence and Astra Microwave Products jumped between 4 per cent and 20 per cent.

Many companies are rushing to pay dividend to shareholders before Oct. 1 when a higher dividend distribution tax (DDT) becomes applicable.

While some have advised 'hold' till the time of price discovery, others have recommended exit at the current market price.

“Inclusion of Tata Motors DVR in Nifty or Sensex will enable global ETFs to invest in the stock eliminating completely the price discount.”