Will Irctc touch 5000?
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Will Irctc touch 5000?
The company’s annual general meeting is scheduled on September 29. Experts said the momentum in the IRCTC stock can take it up to Rs 5,000 in six to eight months despite intermittent consolidation or corrections.
What is future of Irctc share?
Based on our forecasts, a long-term increase is expected, the “IRCTC” stock price prognosis for 2026-12-14 is 4870.710 INR. With a 5-year investment, the revenue is expected to be around +482.62\%. Your current $100 investment may be up to $582.62 in 2026.
Why is IRCTC growing?
The stock is likely to witness strong demand over the next few sessions due to its increased demand, according to stock market analysts. The company’s growth potential remains strong as it enjoys a strong monopoly in the rail network business.
Will Irctc touch 2000?
IRCTC share price is expected to hit Rs 2,000 in around one year’s time, but before that, it awaits correction to the tune of near 10 per cent, say experts. IRCTC share price chart shows that the counter is highly bullish, but it is expected to correct around 60-70 rupees from current levels, say experts.
Is it good to buy Irctc now or after split?
Going ahead the fundamentals of IRCTC is very strong and while at the previous price (before the stock split), analysts recommended holding the stock instead of buying due to higher valuations. The split only makes the stock more appetizing to investors.
What happens to Irctc share?
The fall in share price had wiped off as much as Rs 21,900 crore from its market valuation in early trade. IRCTC earned Rs 299.13 crore from the convenience fee in 2020-21 and Rs 350 crore in 2019-2020.
The share price of Indian Railway Catering and Tourism Corporation (IRCTC) declined over 5 percent on Friday amid a sharp fall in overall equity market on renewed fear over a new COVID-19 variant. On the National Stock Exchange (NSE), the shares fell to Rs 820.35 apiece intraday, down 5.22 percent.
Why share price is going up in IRCTC?