IRCTC is a public sector company in India that offers ticket booking, food services, and travel packages for Indian Railways. IRCTC Share Price on NSE as of 21 September 2024 is 896.90Â INR. On this page, you will find IRCTC Share Price Target 2024, 2025, 2026, 2027 to 2030 as well as IRCTC share News today, IRCTC share price target next week, IRCTC share price target after 10 years, Irctc share price target tomorrow, Irctc share price target 2030, and more Information.
Indian Railway Ctrng nd Trsm Corp Ltd Company Details
Indian Railway Catering and Tourism Corporation Ltd (IRCTC) is a subsidiary of the Indian Railways, established to manage the catering, tourism, and online ticketing operations of the railways. It is well-known for its user-friendly online platform that allows millions of passengers to book train tickets, order food, and plan travel conveniently. IRCTC also offers various tourism packages, including train tours, hotel bookings, and holiday packages, making travel planning easier for customers. With its commitment to quality service, IRCTC has become a trusted name for railway passengers and travelers across India.
| Official Website | irctc.com |
| Founded | 27 September 1999 |
| Founder | Â Ministry of Railways |
| Headquarters |
New Delhi, India
|
| Chairman & MD | Sanjay Kumar Jain, IRAS |
| Number of employees | 1,407 (2024) |
| Category | Share Price |
Current Market Overview Of IRCTC Share Price
- Open Price: ₹888.10
- High Price: ₹897.00
- Low Price: ₹881.70
- Market Capitalization: ₹71.40K crore
- Price-to-Earnings (P/E) Ratio: 60.47
- Dividend Yield: 0.72%
- 52-Week High: ₹1,138.90
- 52-Week Low: ₹635.55
- Current Price: ₹896.90
IRCTC Share Price Today Chart
Read Also:- Integra Essentia Ltd. Share Price Target 2024, 2025 to 2030
IRCTC Share Price Target Tomorrow From 2024 To 2030
Here are the estimated share prices of IRCTC for the upcoming years, based solely on market valuation, enterprise trends, and professional predictions.Â
| S. No. | IRCTC Share Price Target Years | SHARE PRICE TARGETÂ |
| 1 | IRCTC Share Price Target 2024 | ₹1150 |
| 2 | IRCTC Share Price Target 2025 | ₹1450 |
| 3 | IRCTC Share Price Target 2026 | ₹1900 |
| 4 | IRCTC Share Price Target 2027 | ₹2250 |
| 5 | IRCTC Share Price Target 2028 | ₹2475 |
| 6 | IRCTC Share Price Target 2029 | ₹2850 |
| 7 | IRCTC Share Price Target 2030 | ₹3400 |
Shareholding Pattern For IRCTC Share Price
- Promoters:Â 60.40%
- Retail and Others:Â 16.06%
- Other Domestic Institutions:Â 9.855%
- Foreign Institutional Investors (FII/FPI):Â 7.78%
- Mutual Funds:Â 3.91%
Factors Affecting IRCTC Share Price Growth
-
Demand for Railway Services: The increasing demand for railway travel in India significantly impacts IRCTC’s revenue. More passengers mean higher sales for tickets, catering, and other services, which can drive the share price up.
- Expansion of Services: IRCTC’s initiatives to expand its services, such as new tourism packages, enhanced catering, and other value-added services, can attract more customers. This growth in services can positively affect the company’s earnings and share price.
- Government Policies and Regulations: Being a government undertaking, IRCTC is influenced by changes in government policies related to the railway sector, tourism, and public services. Positive policies, subsidies, or investments in railway infrastructure can boost its growth prospects.
- Technological Advancements: IRCTC’s continuous investment in technology, such as better online ticketing systems and user-friendly apps, improves customer experience. Enhanced technology can lead to increased customer satisfaction, higher sales, and, consequently, a positive impact on the share price.
-
Economic Conditions: The overall economic environment in India, including factors like GDP growth, consumer spending, and disposable income, plays a crucial role in determining the number of people traveling by train. A robust economy can lead to higher travel frequency, positively impacting IRCTC’s revenues and share price.
Read Also:-Â
- Chennai Petroleum Share Price Target
- Shree Renuka Sugars Share Price Target
- Olectra Greentech Share Price Target
- Patanjali Share Price Target
I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.