IRCTC Share Price : Today, the impact of the fall in Nifty and Sensex has also been seen in the shares of IRCTC. The share price is trading 1.54 per cent lower than the previous closing price of Rs 700.50. This could be a cause of concern for investors. But it is also important to note that fluctuations in the stock market are common. Shares of Indian Railway Catering and Tourism Corporation (IRCTC) were trading at Rs 689.70, down 1.54 per cent from its previous closing price. IRCTC shares were trading between Rs 708.20 and Rs 687.55. So far this year, the company’s shares have fallen by – 10.96%, while the last 5 days have seen a marginal gain of 4.43%.
IRCTC Share Price Today
IRCTC Share Company Performance and Quarterly Results
IRCTC recently released its quarterly report, in which it posted a net profit of Rs 341.09 crore. However, the shares of IRCTC have declined by – 15.65% in the last 3 months, and in 6 months this decline has further increased to – 25.18%. The shares of IRCTC have seen a huge fall of 26.59% in the last one year, which can become a matter of concern for investors.
Analysts’ opinion on IRCTC Share
6 analysts have started coverage on IRCTC. Of these, 2 analysts have given it a strong buy rating, while 1 analyst has given it a buy rating. However, no analyst has advised selling it, maintaining a positive stance towards the company. Despite this, even after the fall in the company’s shares, analysts are still considering it as a potential investment.
Forecast on tomorrow’s market trend
If the mixed signals from the global market continue, then the stock of IRCTC may see a slight and steady decline tomorrow. At the same time, the period of uncertainty in the market can continue, so investors should be cautious. However, if the economic results of the company come good, then the stock can also be expected to improve.
Note: Investing in the stock market is subject to risk. The prices of shares, mutual funds and other financial instruments may fluctuate depending on market conditions, economic conditions and other factors. This also includes the possibility of capital loss. This information is intended to raise general awareness only and should not be taken as investment or financial advice.
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