IRCTC share price target 2023, 2024, 2025, 2026, 2027, to 2030

friends, if you are planning to invest in IRCTC shares in 2023-2024, then today we will give you information about all the IRCTC share price targets of the company by doing a technical analysis of this company. You can read here our article on the Indian railway share price.

IRCTC – Indian Railway Catering and Tourism Corporation ltd which is a Government of India company,

In this article, what type of risk is there in IRCTC stock, we are going to provide information about all the topics, and we will tell you all this information on the basis of 10 years of data on the company.

IRCTC share price target

The share price of Irctc Company remains a topic of discussion because the stock of this company has achieved the highest growth in 2022-2023 in terms of share price in the stock market.

IRCTC Share Overview

Indian Railway Catering and Tourism Corp Limited Company was established in 1999, the headquarters of the company is located in Delhi,
IRCTC is a government company of Indian Railways, the main work of this company is to give tickets, arrange food and drink at the railway station, etc.,

In October 2019, when the IRCTC company was listed on the National Stock Exchange of the stock market, that time the share price of the company was only Rs 115, in 2021 The share price of this company has reached around Rs 860, Click here to know IRCTC’s share price today

This company has given very good returns to its shareholders in 2 years, so probably now many investors are planning to invest in this stock.

IRCTC Stock forecast price is updated weekly and monthly as per our expert advice, and technical analysis of stock so subscribe to our website and get new updates and changes in the IRCTC stock price target.

Visit our Disclaimer page before you invest in any stock and take advice from your financial advisor,

IRCTC Share Price Target 2023

India is the only country that has the highest number of railway stations, IRCTC company was formed in 1999 but was listed in the stock market in 2019.

From 2019 to 2022, it has consistently given good returns to its shareholders, this company does all the work from ticketing to catering, etc.

There is good income every year in the business of the company, the total income of the company is about 2,353.53 crore and the market cap of the company is 65.78 TCR,

On this basis, we keep the company’s first target of Rs 705.40 in 2023 and the second IRCTC share price target of Rs 725.67.

Indian Railway Share Price Target 2024

The market cap and revenue of this company are tremendous, on the basis of which it can be said that IRCTC company can give good returns in 2024,

The IRCTC has been continuously working in the railway sector since 1999, the company is also making a profit every year, and now there is no debt on the IRCTC, this company is run by the government itself.

It is very difficult for any company to give a good return to its shareholders in a short time but IRCTC company has given a tremendous return to its shareholders in a very short time,
Based on the company’s revenue, it can be said that in 2024, the target share price of IRCTC will be Rs 760.89 and another Rs 990.58,

IRCTC share price target 2025

The business of this company is tremendous, IRCTC makes all the arrangements from catering to ticketing on every railway in India,

In 2021, the name IRCTC came into the limelight because there was a sudden jump in the share price of the company.

On October 2, 2021, the share price of the company crossed Rs 1000, and the shareholder who would have taken the stock of IRCTC would have made a lot of profit in the month of October,

After that, there has been a slight decline at the end of October.

IRCTC’s financial position and market cap are strong, due to which its share price may go up significantly in the future,

So based on the management of the company it can be said that in 2025 IRCTC share price target can be up to Rs.1140 and another IRCTC target price can be up to Rs.1187,

Read also: ITC share price Target 2022, 2023, 2025, and 2030

Wipro Share Price Target 2022, 2023, 2025, and 2030

IRCTC share price target 2023, 2025, and 2030 Table

Yearly IRCTC share price target

Target in YearsIRCTC share price
2026 Target-1Rs.1272
2026 Target-2Rs.1340
2027 Target-1Rs.1420
2027 Target-2Rs.1510
2028 Target-1Rs.1610
2028 Target-2Rs.1690
2029 Target-1Rs.1720
2029 Target-2Rs.1960

 

IRCTC Share Price Target 2030

In the future, IRCTC can start new schemes and use new technology from ticketing to catering systems in railways to further its business,

From catering to the ticketing system in the railways, this company has almost a monopoly,

There has also been a tremendous increase in the total revenue of the IRCTC, every year the revenue of the company has seen double growth,

So far no negative has been seen in the share price of the IRCTC, On this basis, it can be said that in 2030 the IRCTC share price will be Rs 2120, and the second IRCTC share price target will be Rs 2360,

Is IRCTC stock good for the future?

Friends if you want to invest in IRCTC stock for the future then you can because this stock is looking safe for the future, so far no risk is visible in this stock,

In October 2021, the IRCTC graph was on a straight line, meaning there was no difference in it, so far the best stock price of IRCTC is Rs 1020,

IRCTC has consistently delivered good returns to its shareholders since 2019, those who would have invested in this company in 2019 and would have held the stock till 2021, would have earned a lot of profit in 2021,

The company gets tremendous revenue from the market cap, the company looks much stronger than the economic condition,

If a company is financially strong, then one should always invest in that company, because the income of the company tells what is the position of the company,

There has been a tremendous jump in the company’s figures from 2019 to 2023,

Conclusion
In this article, we have provided information about the IRCTC share price target, and this information we have given the technical analysis of IRCTC company,
IRCTC stock is the best stock to earn money for the future.

Comments

Popular posts from this blog

HDFC share price target 2023, 2024, 2025, 2026 to 2030

What is option trading?

IRFC Share price Target 2023, 2024, 2025, 2026 to 2030