IRCTC Share Price Target: Hello friends, welcome to our blog. Today I will tell you about IRCTC Share Price Target 2023, 2024, 2025, 2026, 2030, 2040, 2045 and 2050 in English. In this article, you will get the complete analysis of IRCTC Share Price.
If you are also thinking to invest in this stock, then you must read this article completely. Considering how crucial this article will be for you. Today, I will provide you with information about this company’s share price as well as its risk level, future prospects, and suitability for investment.. So friends, now without much delay know about IRCTC Share Price Target 2023, 2024, 2025, 2026, and 2030 in Hindi.
But first, I want to provide you some background information on this business so you can comprehend its administration and invest in it without any difficulty. You can use this to learn everything there is to know about the IRCTC company.
IRCTC Company Details
Contents
- 1 IRCTC Company Details
- 2 IRCTC Share Price Target 2023
- 3 IRCTC Share Price Target 2024
- 4
- 5 IRCTC Share Price Target 2025
- 6 IRCTC Share Price Target 2026
- 7 IRCTC Share Price Target 2027
- 8 IRCTC Share Price Target 2028
- 9 IRCTC Share Price Target 2029
- 10 IRCTC Share Price Target 2030
- 11 IRCTC Share Price Target 2035
- 12 IRCTC Share Price Target 2040
- 13 Conclusion
First of all, I will tell you the full name of IRCTC; its full name is Indian Railway Catering and Tourism Corporation. Let’s just assume that as long as the trains run in the country, the business of the IRCTC will also run.
Although the share price of this company will keep fluctuating, it does business in a very good segment. The IRCTC provides ticketing, travel, and catering services. It is a division of Indian Railways and Ministry of Railways of Indian Government.
This company was started on September 27, 1999, after which, for many years, i.e., in the year 2019, it was listed on the NSE. The Indian government owns the majority of the corporation. Now you must have learned that this is a government company.
Through Onlime, this organisation has experienced very positive growth over the past few years. The company has also developed numerous websites and mobile apps for its users, greatly simplifying the use of Indian Railways.
In earlier times, people had to stand in long queues for tickets, but now, due to IRCTC, people book tickets online, and this is the reason that, since it was first listed in the stock market, it has gained momentum. Had taken.
Apart from online tickets, there are many other services due to which this company is growing. In the initial times, the company was formed only to provide services like Catering and Hostility to the passengers traveling by rail.
But later when the scope of the company increased, then the company also started providing facilities like Online Ticketing and Packaged Drinking Water. Apart from this, in association with other private and public companies
It has also stepped into the Travel And Tourism Sector. Due to this, international and national tourism in India is also getting a lot of boost. There is good news for you if you have decided to invest in this business.
The good news is that IRCTC is a monopoly company. Monopoly means there is no competition in the market. Even if it happens, it is negligible, due to which it can easily capture the entire market.
If I talk about IRCTC Share Price Target 2023, then in 2023 also it can give good returns. Its first target for 2023 can be Rs.625 and the second target can be around Rs.635.
The rapidly growing IRCTC business model is projected to have a share price target that is four times its current value in the upcoming years. This remarkable growth can be attributed to IRCTC’s expansion into various railway stations that currently do not offer its services, resulting in broader service coverage and increased revenue.
| IRCTC Share Price Target 2024 | |
|---|---|
| First Target | ₹792.031 |
| Second Target | ₹842.920 |
According to forecasters, the share price of IRCTC is expected to experience significant growth in the upcoming years. Experts predict an initial target of ₹ 882.339 by 2025, presenting a promising return on investment, followed by a subsequent target of ₹ 955.760 in the near future. With IRCTC expanding its business reach, shareholders can anticipate a substantial surge in the value of their investments!
| IRCTC Share Price Target 2025 | |
|---|---|
| First IRCTC Share Price Target | ₹882.339 |
| Second IRCTC Share Price Target | ₹955.760 |
IRCTC, also known as the Indian Railway Catering and Tourism Corporation, is a company with immense growth prospects. The company operates in the catering and online ticketing sectors, providing ample opportunities for expansion.
Furthermore, the Indian government’s investments in railway infrastructure are expected to greatly benefit IRCTC. With these favorable factors combined, IRCTC emerges as an appealing stock with a notable share price target.
| IRCTC Share Price Target 2026 | |
|---|---|
| First Target | ₹972.571 |
| Second Target | ₹1032.001 |
The analysts anticipate that the IRCTC share price will attain a target of ₹ 1037.558 by 2027, attributed to the ongoing expansion in their business sector. Once this objective is accomplished, their subsequent target should be ₹ 1119.468.
| IRCTC Share Price Target 2027 | |
|---|---|
| First Target | ₹1037.558 |
| Second Target | ₹1119.468 |
The long-term investment prospects of IRCTC are projected to be highly profitable, thanks to the company’s monopoly in the business sector. With robust financials and minimal debt, the company’s share price is expected to experience a positive trajectory. Consequently, analysts have established an ambitious price target for the stocks, indicating promising potential returns in the future.
| IRCTC Share Price Target 2028 | |
|---|---|
| First Target | ₹1137.347 |
| Second Target | ₹1223.709 |
It is anticipated that the stock value of IRCTC will attain a target of approximately ₹1239.735 by 2029 as the company persists in investing and expanding its operations. In the future, there might be investment prospects aiming for a price of ₹1316.950.
| IRCTC Share Price Target 2029 | |
|---|---|
| First Target | ₹1239.735 |
| First Target | ₹1316.950 |
IRCTC, a prominent company with a market capitalization of ₹53,000 crore, currently maintains a P/E ratio of approximately 72, which closely aligns with the sector average.
Acting as the primary ticket booking and catering division for the Indian Railways, IRCTC holds significant untapped potential and operates without any visible competition. This substantial growth potential leads to a positive target for IRCTC’s share price.
| IRCTC Shares Target 2030 | |
|---|---|
| First Target | ₹1328.123 |
| Second Target | ₹1417.191 |
Since its debut in the Indian stock market, IRCTC’s share price has experienced remarkable prosperity. Following the 1:5 split, the prices have soared and even surpassed ₹3,000. Investors anticipate this excitement to persist, while analysts establish a fresh price target for IRCTC’s shares.
| IRCTC Share Price Target 2035 | |
|---|---|
| First Target | ₹1758.063 |
| Second Target | ₹1834.396 |
IRCTC possesses numerous opportunities for future expansion, fueled by the increasing popularity of domestic tourism and the growing market share of packaged water and online ticketing. The food service industry is projected to exhibit an impressive compound annual growth rate (CAGR) of 11% year-on-year, providing an additional avenue for the company’s growth. IRCTC demonstrates robust financials, and its revenue growth remains sustainable due to the ongoing expansion of its services.
Considering all these prospects, it is anticipated that the stock price target of IRCTC will experience a steady increase in the future.
| IRCTC Share Price Target 2040 | |
|---|---|
| First Target | ₹2173.003 |
| Second Target | ₹2261.601 |
IRCTC operates as a comprehensive service provider within the travel and tourism industry, delivering a wide array of products and services. These offerings encompass global reservation systems, catering, executive facilities, and all-encompassing solutions for domestic and international tours. The company’s resilient business model exhibits substantial potential for future growth, as demonstrated by its share price target of ₹2261.601 set for 2023.
| IRCTC Share Price Target 2045 | |
|---|---|
| First Target | ₹2603.943 |
| Second Target | ₹2672.806 |
IRCTC’s share price is anticipated to remain strong due to several key factors, including its robust liquidity position, significant barriers to entry in the market segment, and a solid earnings profile. As of March 31, 2021, the company disclosed an operating cash balance of ₹345.02 crores, coupled with an average return on capital employed (ROCE) of 12.95% over the past 5 years.
Furthermore, IRCTC’s advantageous position is reinforced by its debt-free status, which provides them with financial strength and enhances their outlook for the future.
| IRCTC Share Price Target 2050 | |
|---|---|
| First Target | ₹3038.883 |
| Second Target | ₹3127.011 |
Conclusion
IRCTC Limited has achieved profitability due to the limited competition in railway ticket booking. However, as the company’s success is heavily dependent on government policies, any unfavorable changes in regulations could potentially impact their earnings. It is therefore prudent to monitor any new policies that could affect their business and adjust investments accordingly. This article offers insights into the IRCTC Share Price Target’s for the years 2023, 2024, 2025, 2026, and 2030.