In this article, we’ll explore IRCTC Share Price Target and Tour Packages List 2023, and the IRCTC share Price Today stood at ₹623.05 INR +5.30 (0.86%). Company’s business model and evaluate its fundamentals to predict the IRCTC’s share price target for various years, including 2023, 2024, 2025, 2026, 2030, and beyond. Investing in (NSE: IRCTC) Indian Railway Catering and Tourism Corporation Limited can be an attractive opportunity due to its monopoly business and strong financial performance It is a good stock to buy for the long term.
Indian Railway Ctrng nd Trsm Corp Ltd (IRCTC) has experienced steady growth in recent years, with revenues rising by almost 25% in the previous year alone. The company’s services cater to the increasing demand from both domestic travelers and tourists visiting India from abroad. They have also made profitable investments, such as acquiring IRFC bonds, which are expected to provide significant returns in the future.
What is IRCTC? History & share Price Forecast
The IRCTC (Indian Railway Catering and Tourism Corporation) is a public sector undertaking in India. It offers various services related to ticketing, catering, and tourism for the Indian Railways. Initially, it was fully owned by the Government of India and operated under the administrative control of the Ministry of Railways. However, since 2019, IRCTC has been listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), allowing it to be publicly traded. Despite the listing, the government still maintains majority ownership of IRCTC. This move towards listing on the stock exchanges has brought greater visibility and opportunities for investors to participate in the company’s growth.
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Understanding the key factors that impact IRCTC’s share price target is crucial for any investor. Let’s explore the main determinants:
1. Earnings and Revenue Growth
The growth in earnings and revenue is a fundamental factor that influences the share price target of any company. Investors closely monitor IRCTC’s financial reports to gauge its profitability and potential for future growth.
2. Tourism Trends and Travel Demand
As a significant player in the Indian tourism sector, IRCTC’s share price is sensitive to trends in travel demand. Factors like holiday seasons, economic conditions, and government policies can impact the number of people traveling, affecting IRCTC’s business.
3. Ticketing and Catering Business Performance
IRCTC’s core operations include online ticketing and catering services. Any improvement or decline in these segments can have a substantial impact on the company’s overall financial health, thereby influencing its share price.
4. Government Policies and Regulations
As a government-owned entity, IRCTC is subject to various policies and regulations that can affect its operations and financial performance. Changes in government policies can result in fluctuations in IRCTC’s share price.
5. Competition in the Travel Industry
The travel industry is highly competitive, with numerous players vying for market share. Investors assess IRCTC’s ability to withstand competition and maintain its position in the market.
6. Economic Indicators
The overall economic environment, including GDP growth, inflation rates, and interest rates, plays a vital role in determining investor sentiment towards IRCTC and, consequently, its share price target.
7. Technological Advancements
IRCTC’s ability to embrace and capitalize on technological advancements can enhance its efficiency and competitiveness, positively impacting its share price.
Let’s take a look at some of the prominent analysts’ projections for IRCTC’s share price target in the near future:
|Analyst||IRCTC Share Price Target|
|XYZ Investment Group||$150|
|ABC Stock Advisors||$180|
|PQR Wealth Management||$200|
|LMN Equity Research||$165|
IRCTC, the tourism arm of Indian Railways, has been a trusted name in travel and tourism since its inception. The organization provides a wide range of tour packages designed to showcase India’s rich heritage, natural splendors, and vibrant traditions.
Indian Railway Catering and Tourism Corporation Limited (IRCTC)has consistently demonstrated remarkable financial performance over the past decade, with impressive and consistent growth rates. The company’s effective business model and ability to capitalize on the expanding market have led to its financial success.
In addition to its revenue growth, which experienced a significant increase of nearly 25% in the previous year, IRCTC has made strategic investments in IRFC (Indian Railway Finance Corporation) bonds, amounting to over Rs 1500 crore. This strategic investment is expected to yield substantial returns in future quarters, showcasing the company’s astute financial decision-making and its potential for sustained profitability.
Overall, IRCTC’s financial success, evidenced by its impressive revenue growth and strategic investments, highlights its strength as a key player in the travel and tourism sector. IRCTC generates revenue primarily from its online ticketing platform, catering services, and packaged tours. The company operates on a commission-based model for ticket sales and earns revenue from its catering operations.
|Company Name||Indian Railway Catering and Tourism Corporation|
|Founded in||27 September 1999|
|Founder||Ministry of Railways|
|Revenue||2,353.53 crores INR (US$290 million, 2020)|
|Market Capitalization||49.83TCr INR|
|[email protected]/ contact person|
|Contact No.||14646 OR 0755-6610661 / 0755-4090600|
On July 15, 2023, at 02:59 PM IST, the share price of IRCTC (Indian Railway Catering and Tourism Corporation Limited) stood at Rs 623.85. This represents a 0.83% increase compared to the previous share price. We can find the latest news on IRCTC stock price and gather comprehensive information along with historic price charts for NSE: IRCTC (National Stock Exchange) and BSE (Bombay Stock Exchange) IRCTC price chart on 5 paisa which brings IRCTC stock price & Irctc Investment Rating on www.5paisa.com
|52-wk high||₹ 774.90|
|52-wk low||₹ 557.10|
IRCTC annual report 2023
Access the audited financial results for the quarter and year ending March 31, 2023, and the NSE cash flow statement for IRCTC, which covers the period ending September 30, 2019.
|(INR)||MAR 2023||YOY CHANGE|
|Earnings per share||3.24||19.65%|
|Effective tax rate||25.57%||—|
If you’re interested in investing in IRCTC shares, it’s essential to be aware of the price targets for the coming years. IRCTC’s fundamentals and financials, along with projected Indian Railway Ctrng nd Trsm Corp Ltd (IRCTC) Share Price Targets for 2023, 2024, 2025, 2026, 2030, 2040and 2050.
IRCTC, with a market capitalization of around ₹53,000 crores, operates as the leading ticket booking, catering, and tourism provider for the Indian Railways. With no present competition, IRCTC has significant growth potential in this sector. Currently trading at a P/E ratio of 72, similar to its sector peers, IRCTC is well-positioned to capitalize on its dominant market position and drive future success.
IRCTC is currently undergoing significant growth, and with the company’s stock split, the share price target is anticipated to increase. The initial projected target for 2022 is ₹331.75, followed by an expected target of ₹375.43.
The 20 analysts offering 12-month price forecasts for IRCTC share price prediction 2023 have a median target of 743.250, with a high estimate of 745.99 and a low estimate of 744.96. The median estimate represents a +2.70% increase from the last price of 721.231.
The 20 analysts offering 12-month price forecasts for IRCTC share price Forecast 2024 have a median target of 803.250, with a high estimate of 832.48 and a low estimate of 806.12. The median estimate represents a +2.70% increase from the last price of 801.231.
Investors interested in long-term gains from investing in the Indian Railway Catering and Tourism Corporation Limited (IRCTC) should pay close attention to the share price target. Analysts have set a price target range of ₹2900 to ₹3000, suggesting the potential for significant returns within a relatively short period, especially if purchased before the projected targets.
For the year 2025, there are 20 analysts offering 12-month price forecasts for IRCTC’s share price. The first share price target is 893.250, with a second price of 941.11 and a low estimate of 896.80. The average share estimate indicates a +2.70% increase from the last recorded price of 801.231.
The 20 analysts offering 12-month price forecasts for IRCTC share price forecast 2024 have a median target of 893.250, with a high estimate of ₹1019.71 and a low estimate of 996.80. The median estimate represents a +2.70% increase from the last price of ₹968.12.
According to our analysts offering 12-month price forecasts for IRCTC share price target 2027 have a median target of 893.250, with a high estimate of ₹1108.48 and a low estimate of ₹1054.33. The median estimate represents a +2.70% increase from the last price of ₹968.12.
According to our analysts, the 12-month price forecasts for the IRCTC share price target in 2028 have a median target of ₹1101.250, with a high estimate of ₹1211.86 and a low estimate of ₹1162.59. The average estimate indicates a +2.70% increase from the current price of ₹968.12.
According to our analysts, the 12-month price prediction for the IRCTC share price target in 2029 has a median target of ₹1202.250, with a high estimate of ₹1303.34 and a low estimate of ₹1265.15. The average estimate indicates a +2.70% increase from the current price of ₹1068.12.
According to our analysts, the 12-month price forecasts for the IRCTC share price target in 2030 have a median target of ₹1352.250, with a high estimate of ₹1402.73 and a low estimate of ₹1352.58. The average estimate indicates a +2.70% increase from the current price of ₹1368.12.
According to our analysts, the 12-month price forecasts for IRCTC share price target in 2030 have a median target of ₹1752.250, with a first price target of ₹2235.40 and a second price of ₹1765.01. The average estimate indicates a +2.70% increase from the current price of ₹1768.12.
According to our analysts, the 12-month price forecasts for IRCTC share price target in 2030 have a median target of ₹3052.250, with a first price target of ₹3094.83 and a second price of ₹3079.36. The average estimate indicates a +2.70% increase from the current price of ₹2979.36.
IRCTC Tour Packages List 2023 from Delhi
In 2023, India beckons travelers with its diverse cultural tapestry, historical wonders, and breathtaking landscapes. If you are an avid traveler seeking to explore the vast beauty of India, IRCTC (Indian Railway Catering and Tourism Corporation) tour packages are the perfect choice for an unforgettable journey. Let’s delve into the world of IRCTC tour packages and discover the gems that await you in 2023.
Discover the best IRCTC tour packages List for 2023! From cultural wonders to thrilling adventures, explore a wide range of destinations in India and abroad. Find your perfect package on the official IRCTC tourism website and book your memorable journey today.
Why board from Delhi to any tour across India? Delhi, the national capital of India, is known for its iconic monuments and a blend of tradition and modernity. Visitors to Delhi often explore the neighboring areas of Noida and Gurgaon, which have witnessed rapid growth. The city is multicultural and hosts numerous festivals. Indira Gandhi International Airport in Delhi serves as a major hub for domestic and international travel, catering to millions of travelers each year.
IRCTC offers an extensive array of tour packages catering to various interests and preferences. Whether you’re a history enthusiast, a nature lover, or seeking a spiritual retreat, IRCTC has a package tailored just for you.
IRCTC Tour Packages List 2023
Heritage Tours: Embark on a journey through time with IRCTC’s Heritage Tours. Explore ancient forts, majestic palaces, and UNESCO World Heritage sites that narrate the captivating tales of India’s past.
Adventure Escapades: For thrill-seekers, IRCTC’s Adventure Escapades are a must-try. From trekking in the Himalayas to thrilling water sports, these packages are designed to satisfy your adrenaline cravings.
Spiritual Journeys: Delve into India’s spiritual roots with the Spiritual Journeys offered by IRCTC. Visit sacred temples, meditate in serene ashrams, and experience the diversity of India’s religious practices.
Hill Station Retreats: Escape the summer heat with IRCTC’s Hill Station Retreats. Experience the tranquility and charm of India’s hill stations, nestled amidst lush greenery and misty landscapes.
Wildlife Expeditions: For wildlife enthusiasts, IRCTC’s Wildlife Expeditions are a treat. Embark on safaris and explore the rich biodiversity of India’s national parks and wildlife sanctuaries.
Panj Takht Express: This prestigious tour package takes you to the holy city of Amritsar, known for its Golden Temple. The itinerary also includes visits to Patna Sahib and Hajur Sahib Nanded, offering a religious and historical experience associated with Sikhism.
Udaipur – Venice of the East: This 4 nights/5 days trip allows you to explore the enchanting city of Udaipur. You can visit the City Palace, Saheliyon ki Bari, Jagdish Temple, and the picturesque Lake Pichola. The package also includes a visit to the historic Chittorgarh Fort.
Eastern Triangle Air Package: This package covers the mesmerizing regions of North-Eastern India, including destinations like Tsomngo Lake, Gangtok, and Darjeeling. It provides an opportunity to explore the scenic beauty and rich culture of the Northeast.
Vaishno Devi Economy Package: For pilgrims, this package offers an affordable excursion to the revered Vaishno Devi Temple. Starting and ending in New Delhi, the trip includes a sacred visit to the renowned Vaishno Mata Mandir.
These tour packages from Delhi cater to different interests and provide an opportunity to explore diverse destinations across India. With IRCTC tour packages, you can discover the rich cultural heritage of India, embark on spiritual journeys, experience thrilling adventures, or simply relax amidst scenic landscapes. From iconic destinations like the Taj Mahal and Jaipur’s palaces to serene hill stations and exotic wildlife sanctuaries, there’s something for everyone. To find the perfect tour package for your 2023 travels, visit the official IRCTC tourism website.
Chardham Yatra Tour Packages From Delhi
5 Step Guide to IRCTC Online Ticket Booking
One of the primary benefits of online ticket booking through IRCTC is the unparalleled convenience it offers. Travelers can browse through numerous train options, check seat availability, and book tickets at any time of the day.
Booking tickets on IRCTC’s website is a straightforward process. 5-step guide to help you with IRCTC online ticket booking:
Creating an IRCTC Account
Visit the IRCTC website (www.irctc.co.in) and click on the “Register” button. Fill in the required details, including your username, password, and personal information. Once done, click on “Submit” to create your IRCTC account.
Checking Seat Availability and Train Schedule
After logging in, enter your travel details, including the source, destination, date of travel, and class preference. The website will display a list of available trains, along with their schedules and seat availability status.
Filling Passenger Details
Once you select your preferred train and class, enter the passenger details, including names, ages, and any concessions required (if applicable).
Making the Payment
Proceed to the payment gateway and choose your preferred payment method. After successful payment, you will receive a confirmation message with your e-ticket details on your registered email and mobile number.
Receiving the e-Ticket
Your e-ticket contains all the necessary information, such as the train number, date and time of departure, boarding and destination stations, and seat/berth details. Carry a printout of the e-ticket or show the SMS received to the ticket inspector during your journey.
List of top websites to check seat availability, pnr enquiry, train schedule, trains between stations are:
- ixigo, paytm, yatra, redbus, goibibo, confirmtkt,make my trip
Customer Reviews: Real Experiences
“The Heritage Tour organized by IRCTC was nothing short of enchanting. I felt like I was walking through history, exploring ancient forts and palaces. Truly an experience to cherish.” – Priya S., Mumbai
“As a nature lover, the Wildlife Expedition with IRCTC was a dream come true. The diversity of wildlife I encountered left me in awe of India’s natural beauty.” – Mark T., Sydney
“I embarked on a Spiritual Journey with IRCTC, and it was a transformative experience. The spiritual atmosphere of the temples and ashrams was soul-soothing.” – Rajat Mishra, Kanpur, U.P
FAQ – IRCTC Share Price Target & Tour Packages List
What is the IRCTC full form?
IRCTC’s full form is the Indian Railways Catering and Tourism Corporation, which is managed by the Ministry of Railways. It was established in 1999 and is headquartered in New Delhi.
IRCTC ka full form ka matlab kya hai?
इंडियन रेलवे कैटरिंग एंड टूरिज्म कॉरपोरेशन (IRCTC) 2023 अपने उपयोगकर्ताओं को ऑनलाइन रेलवे टिकट बुक, कैंसिल और लाइव स्टेटस देखने की सुविधा प्रदान करता है। यह सुविधा उपयोगकर्ता को IRCTC वेबसाइट या एप्लिकेशन सॉफ्टवेयर (ऐप) का उपयोग करके अपने मोबाइल फोन के माध्यम से मिलती है। इसका सबसे बड़ा फायदा यह है कि आपको लंबी कतार में टिकट लेने के लिए खड़ा होने की ज़रूरत नहीं होगी।
What is IRCTC Price Today?
623.05 INR +5.30 (0.86%) is Indian Railway Ctrng nd Trsm Corp Ltd (IRCTC) Price Today & market cap of 49.83TCr.
What is the regret term in IRCTC?
The “regret” status is commonly seen when all seats or berths in a specific train or class have been booked, and no further reservations can be accommodated. It indicates that the ticket or reservation request has been declined due to unavailability.
What is IRCTC Next Generation eTicketing System?
IRCTC’s Next Generation eTicketing System includes the introduction of Vande Metro trains in 2023, offering enhanced travel experiences with top-notch services.
How to check the IRCTC PNR Status prediction of a train?
To check the current status of your booking, please enter your PNR (Passenger Name Record) number in the designated field. You can find the PNR number on the top left corner of your ticket.
What is IRCTC’s Share price Target after 10 Years?
IRCTC’s share price target after 10 years is projected to be in the range of ₹1352.250 to ₹1402.73, with a median target of ₹1352.250.
what are irctc cancellation charges?
Cancellation charges for train tickets are calculated per passenger and depend on the timing of the cancellation as well as the status of the ticket. The amount deducted varies accordingly.
Are IRCTC tour packages inclusive of travel costs?
Yes, most IRCTC tour packages include travel costs, such as train fares and intercity transportation.
Can I avail of discounts on IRCTC tour packages?
Yes, IRCTC often offers early-bird discounts and special deals on various tour packages.
What are the dividend policies of IRCTC?
IRCTC has a dividend policy that mandates distributing a certain percentage of its profits to shareholders as dividends. The company’s dividend history can be a crucial indicator for income-focused investors.
What are the risks associated with investing in IRCTC shares?
IRCTC shares come with their share of risks. Some of the key risks include market volatility, regulatory changes, economic downturns, and competition in the travel sector.
Is IRCTC a good investment for the long term?
Yes, Investing in IRCTC can be a good option for the long term, given its dominant position in the Indian travel industry and potential for growth. However, as with any investment, thorough research and risk assessment are essential.