Forecasting IRCTC Share Price Targets : Indian Railway Catering and Tourism Corporation (IRCTC) is a government-owned company under the Ministry of Railways, India. Established in 1999, IRCTC is primarily responsible for managing the catering, tourism, and online ticketing operations of the Indian Railways.
Forecasting IRCTC Share Price Targets
It is the sole entity authorized by Indian Railways to provide online railway ticket booking services through its website and mobile app. IRCTC also operates various tourism packages and manages catering services on trains and at railway stations across the country. Over the years, IRCTC has become a crucial part of India’s railway ecosystem, facilitating millions of travelers with efficient and convenient ticketing services and enhancing their overall railway experience.
What is IRCTC ?
IRCTC stands for Indian Railway Catering and Tourism Corporation. It’s a government-owned entity that operates under the Ministry of Railways, India. Established in 1999, IRCTC is responsible for various services related to Indian Railways, including catering, tourism, and online ticketing.
It’s the sole authorized platform for online railway ticket booking in India, serving millions of passengers daily through its website and mobile app. IRCTC also offers tourism packages, manages onboard catering services, and operates e-catering services at railway stations. It plays a crucial role in modernizing and streamlining railway operations, providing passengers with convenient and efficient travel experiences.
IRCTC Profile
Indian Railway Catering and Tourism Corporation (IRCTC) is a government-owned enterprise that operates under the Ministry of Railways, India. Established in 1999, IRCTC serves as the catering and tourism arm of the Indian Railways, offering a wide range of services to passengers and tourists alike.
Here’s an overview of IRCTC’s company profile:
- Founding: IRCTC was founded on September 27, 1999, with the aim of enhancing passenger experience and streamlining railway operations in India.
- Primary Services:
- Online Ticketing: IRCTC is the exclusive entity authorized to provide online railway ticket booking services through its website and mobile app.
- Catering Services: IRCTC manages catering services on trains and at railway stations across India, ensuring quality food and beverages for passengers.
- Tourism Packages: IRCTC offers a variety of tourism packages, including rail-based tours, hotel bookings, and sightseeing packages, catering to both domestic and international travelers.
- E-Catering: IRCTC operates e-catering services, allowing passengers to order meals of their choice during train journeys.
- Online Ticketing Platform: The IRCTC website and mobile app are widely used by millions of passengers for booking train tickets, checking train schedules, and managing reservations.
- Tourism Initiatives: IRCTC organizes a diverse range of tourism packages, covering popular destinations across India. These packages include budget tours, luxury trains, religious tours, adventure tours, and more.
- Partnerships and Collaborations: IRCTC collaborates with various partners, including hotels, airlines, and tour operators, to offer integrated travel experiences to its customers.
- Digital Initiatives: In recent years, IRCTC has focused on digital transformation initiatives to improve customer service and operational efficiency. This includes the introduction of new technologies for ticket booking, payment processing, and customer support.
- Corporate Social Responsibility (CSR): IRCTC actively engages in CSR activities, focusing on areas such as education, healthcare, environment conservation, and community development.
Overall, IRCTC plays a pivotal role in the Indian railway ecosystem, catering to the diverse needs of passengers and tourists while contributing to the growth and development of the travel and tourism industry in India.
IRCTC Fundamentals
The fundamentals of IRCTC, as a government-owned enterprise operating in the railway catering and tourism sector, encompass various aspects including financial performance, operational metrics, market position, and regulatory environment. Here’s an overview of IRCTC’s fundamentals:
Financial Performance:
- Revenue: IRCTC generates revenue primarily from online ticketing services, catering operations, and tourism packages.
- Profitability: The company’s profitability is influenced by factors such as ticket booking volumes, catering margins, and operating efficiency.
- Growth Trends: Analysis of revenue and profit growth over time provides insights into IRCTC’s performance and market expansion.
Operational Metrics:
- Ticketing Volume: The number of tickets booked through IRCTC’s online platform is a key metric reflecting demand for railway services.
- Catering Services: Metrics such as passenger satisfaction, food quality, and sales volume indicate the performance of IRCTC’s catering operations.
- Tourism Packages: Monitoring the uptake of tourism packages and customer feedback helps evaluate the success of IRCTC’s tourism initiatives.
Market Position:
- Market Share: IRCTC’s share of the online railway ticket booking market and its position in the catering and tourism sectors are important indicators of its competitive strength.
- Competitive Landscape: Analysis of competitors and market dynamics helps assess IRCTC’s market position and potential areas for growth.
Regulatory Environment:
- Government Policies: Changes in government policies related to railway operations, ticket pricing, and tourism promotion can impact IRCTC’s business model and profitability.
- Regulatory Compliance: Adherence to regulatory requirements, including safety standards, consumer protection laws, and accounting standards, is essential for IRCTC’s operations.
Investor Sentiment:
- Stock Performance: IRCTC’s stock performance on the stock exchanges reflects investor sentiment and market expectations regarding the company’s future prospects.
- Analyst Recommendations: Analyst reports and recommendations provide insights into IRCTC’s fundamentals, growth potential, and investment attractiveness.
Overall, understanding IRCTC’s fundamentals involves analyzing its financial health, operational efficiency, market position, regulatory compliance, and investor sentiment to assess its performance and outlook in the railway catering and tourism industry.
IRCTC Share Price Historical Chart
IRCTC Share Price Targets 2024, 2025, 2026, 2027, 2028, 2030, 2035 , 2040, 2050
| year | First Targets (₹) | 2nd targets (₹) |
| 2024 | ₹1068.20 | ₹1300.00 |
| 2025 | ₹1500.67 | ₹2000.80 |
| 2026 | ₹2200.33 | ₹2500.35 |
| 2027 | ₹2600.30 | ₹2700.00 |
| 2028 | ₹2900.45 | ₹3000.55 |
| 2030 | ₹6000.30 | ₹7000.25 |
| 2035 | ₹10,000.56 | ₹14000.78 |
| 2040 | ₹20,000.89 | ₹25,000.90 |
| 2045 | ₹30,000.63 | ₹35,000.11 |
| 2050 | ₹40,000.90 | ₹50,000.70 |
IRCTC Share Price Target 2024
Based on the analysis conducted by stock experts, the projected stock price range for IRCTC is set with a minimum target price of ₹1068.20 and a maximum target price of ₹1300.00 after the specified time frame. This analysis likely takes into account various factors such as the company’s financial performance, industry trends, market dynamics, regulatory environment, and overall investor sentiment. However, it’s important to note that stock price predictions are subject to change based on evolving market conditions and unforeseen events, so investors should consider conducting their own research and consulting with financial advisors before making investment decisions.
| year | The first target is Rs. | Another target is Rs. |
| 2024 | ₹1068.20 | ₹1300.00 |
IRCTC Share Price Target 2025
Based on the analysis of stock experts, the stock price range for IRCTC is projected to be between ₹1500.67 as the minimum and ₹2000.80 as the maximum target price later in the year. This analysis reflects the anticipated price range for the stock during the specified timeframe. Factors influencing this projection may include the company’s financial performance, industry regulations, market dynamics, and regulatory conditions. Additionally, other financial and market-related factors could also impact the stock price.
| year | The first target is Rs. | Another target is Rs. |
| 2025 | ₹1500.67 | ₹2000.80 |
IRCTC Share Price Target 2026
According to stock experts, IRCTC’s projected stock price range is between ₹2200.33 (minimum) and ₹2500.35 (maximum) after the specified period.
| year | The first target is Rs. | Another target is Rs. |
| 2026 | ₹2200.33 | ₹2500.35 |
IRCTC Share Price Target 2027
According to stock experts, IRCTC’s stock price is projected to range between ₹2600.30 as the minimum and ₹2700.00 as the maximum target price by the end of the year.
| year | The first target is Rs. | Another target is Rs. |
| 2027 | ₹2600.30 | ₹2700.00 |
IRCTC Share Price Target 2028
According to stock experts, the projected price range for IRCTC stock is between ₹2900.45 as the minimum and ₹3000.55 as the maximum target price after the year.
| year | The first target is Rs. | Another target is Rs. |
| 2030 | ₹2900.45 | ₹3000.55 |
IRCTC Share Price Target 2030
According to stock experts, the projected stock price range for IRCTC is set with a minimum target price of ₹6000.30 and a maximum target price of ₹7000.25 later in the year.
| year | The first target is Rs. | Another target is Rs. |
| 2030 | ₹6000.30 | ₹7000.25 |
IRCTC share price target 2035
According to analysis by stock experts, the anticipated range for IRCTC’s stock price is set with a minimum target of ₹10,000.56 and a maximum target of ₹14,000.78 by the end of the year.
| year | The first target is Rs. | Another target is Rs. |
| 2035 | ₹10,000.56 | ₹14,000.78 |
IRCTC Share Price Target 2040
As per the analysis conducted by stock experts, the minimum target price for IRCTC is established at ₹20,000.89, whereas the mid-year maximum target price is estimated to be ₹25,000.90.
| year | The first target is Rs. | Another target is Rs. |
| 2040 | ₹20,000.89 | ₹25,000.90 |
IRCTC share price target 2045
According to the analysis of stock experts, the projected price range for IRCTC stock is set at a minimum of ₹30,000.63, while the maximum target price is expected to reach ₹35,000.11 later in the year.
| year | The first target is Rs. | Another target is Rs. |
| 2045 | ₹30,000.63 | ₹35,000.11 |
IRCTC share price target 2050
Based on the analysis of stock experts, the price range of the stock has been set at ₹40,000.90 as the minimum , while after the year, the maximum target price for Wipro stock is expected to be ₹50,000.70.
| year | The first target is Rs. | Another target is Rs. |
| 2050 | ₹40,000.90 | ₹50,000.70 |
IRCTC Limited Shares: Last 5 Years Financials
To gain a deeper understanding of the market performance, it’s prudent to analyze the historical outlook of this stock over the previous years. However, investors should proceed with caution and carefully consider the associated risks and prevailing market conditions before making any investment decisions.
What is the future of IRCTC shares?
IRCTC holds a monopoly in its core catering and ticketing business for Indian Railways. With the Indian tourism and hospitality sector poised for growth, there is potential for IRCTC to increase its revenue further.
Analysts anticipate the stock to maintain its upward trend, potentially reaching the ₹1068 level once it decisively surpasses the ₹1015 barrier. Shareholders of IRCTC are advised to hold the stock with a target of ₹1150, while also updating their trailing stop loss to the ₹950 per share level.
IRCTC Share Price Summary
IRCTC 52 week low and 52 week high, IRCTC all time high 1068 rs.
| Mkt Cap | 81.34TCr |
| P/E ratio | is 73.50 |
| Div yields | 0.56% |
| 52-week high | 1,068.80 is |
| 52-week low | 584.15 |
Shareholding Pattern of IRCTC Shares
| summary | 2024 |
|---|---|
| promoter | 75% |
| BE | 1.88% |
| DII | 4.37% |
| Public | 18.75% |
Should you invest in IRCTC shares?
Once the stock closes above the ₹1010 per share level, it’s anticipated that the scrip could reach the ₹1150 and ₹1180 per share levels in the short term. As a result, IRCTC shareholders are advised to maintain a stop loss at the ₹950 level for the aforementioned short-term target.
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