Is it good to buy IRCTC share?

Is it good to buy IRCTC share?

As for IRCTC, the company is commanding a very rich valuation in terms of a price-to-earnings ratio of 83 times and a market cap to sales of 29.5 times, highlighted the expert. “This kind of valuation does not leave much scope for investors to make money.

Is IRCTC a good stock for long-term?

Any breakout above Rs 926 will lead to good moves. We expect an upside of about Rs 20-25 per cent. We are bullish on IRCTC considering various initiatives taken by the government for railways. Investors should ‘Hold’ the stock for long-term.”

Is IRCTC share getting split?

The company had fixed October 29 as the record day for the stock split in the ratio of 1:5. The board of IRCTC had approved a stock split on August 12. Basically, this means that each stock will be split into 5 shares.

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Will IRCTC shares go up tomorrow?

Tomorrow’s movement Prediction of Indian Rail Tour Corp Ltd IRCTC as on 27 Jun 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 65 as on 27 Mon Jun 2022.

Strong resistance 3660
Strong resistance 660
Strong resistance 655.93
Strong support 585
Strong support 525.53

Which share is best to buy?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP Low
Bajaj Finserv 11,428.40 11,290
Bharti Airtel 680.80 676
Britannia Inds. 3,424.85 3,388
Cipla 927.00 922

Which share is best to buy lowest price?

Best stocks below Rs 10 to buy now in India – Detailed overview

Sr. No Company Name BSE Scrip Code
1 Vodafone Idea 532822
2 SOUTH INDIAN BANK 532218
3 SUZLON ENERGY 532667
4 RattanIndia Power 533122

Is IRCTC fundamentally strong?

“While IRCTC is a fundamentally strong stock but the current valuations are very high even after the recent fall in the stock price.

Why IRCTC shares are falling?

In last 7 months, IRCTC share price has tumbled from its 52-week high of ₹1,279.26 apiece on NSE to ₹674.95 today, logging around 47 per cent dip in this period. According to market experts, the stock is under pressure due to fear of next wave of Covid as China has imposed lockdown after sharp rise in new cases.

Which are multibagger stocks?

The term multibagger refers to a stock whose price grows multiple times from purchasing. These can be undervalued stocks with strong fundamentals and can deliver multiple times returns on the investment. Multibagger stock boast of strong corporate governance, with highly scalable businesses within a short period.

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What will happen after IRCTC stock split?

“If you had 1 share of #IRCTC at a price of Rs 4500, you will now have 5 shares at Rs 900 each—4 new shares will be credited in 4 days after the stock split. This makes no difference in terms of the value of the stock.

What is IRCTC split date?

IRCTC has fixed Friday, October 29, as the record date to ascertain the name of shareholders entitled to the subdivision/split of equity shares of Rs 10 each into five equity shares at a face value of Rs 2 each. The board of IRCTC had approved a stock split on August 12.

Why IRCTC stock is going up?

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.

Can I sell IRCTC share tomorrow?

If you Short Sell at Entry 593.32, Then your IRCTC Target is 588.23, 586.96 & 585.68. Along with this we have also provided Stop Loss for both Buy & Sell Targets….IRCTC Share Price Target / Prediction / Forecast for Intraday or BTST.

Buy Sell
Target 3 593.32 585.68
Stop Loss 581.86 597.15
Sentiment – Neutral

What is the trend of IRCTC?

IRCTC Share Price

Open 578.00 %
Low 574.05 -3.77
Close 599.85 -9.42
Volume 3366401 -71.20
52 Week High 5877.70 | 52 Week Low 845.70

Who is owner of IRCTC?

Board of Directors

S.No Name E-mail ID
CHAIRMAN & MANAGING DIRECTOR
1 Smt. Rajni Hasija [email protected]
FUNCTIONAL DIRECTORS
2 Smt. Rajni Hasija [email protected]
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Which share buy under 50 RS today?

BEST STOCKS UNDER VALUE 50

S.No. Name Sales Qtr Rs.Cr.
1. Prismx Global 4.39
2. Ashima 58.66
3. Orient Abrasives 68.99
4. Evexia Lifecare 19.43

Which share will grow in future?

growth stocks for future

S.No. Name Qtr Sales Var %
1. EKI Energy
2. Elpro Internatio 9.43
3. RattanIndia Ent 11690.00
4. Hinduja Global 13.58

Which share is good for long term?

Long term is usually a period of more than 5 years for investors….Best Stocks to Buy in India for Long Term.

S.No. Long Term Stocks India Industry
1. Reliance Industries Multinational Conglomerate
2. Tata Consultancy Services (TCS) Information Technology
3. Infosys Information Technology
4. HDFC Bank Banking

Which company share is 1 RS?

Company Code Previous Close (Rs)
Gradiente Infotainme 590126 1.05
Polar Industries 504288 1.05
Tricom India Ltd. 531675 1.06
Alora Trading Co. 539693 1.06

Which share is best under 500?

stocks between 500 & 1000

S.No. Name Qtr Sales Var %
1. Life Insurance 11.77
2. Supreme Petroch. 18.01
3. Maithan Alloys 67.70
4. Sportking India 43.54

Which share is best under 100 RS?

stocks under 100

S.No. Name CMP Rs.
1. S A I L 70.65
2. Aditya Birla Cap 92.80
3. Trident 37.95
4. Federal Bank 90.85

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