IRCTC Share Price Target for 2023 to 2050 is based on the company’s growth prospects: Indian Railway Catering and Tourism Corporation (IRCTC) is a subsidiary of the Indian Railways, responsible for catering, tourism, and online ticketing services. The company is known for its efficient and reliable services, and its online ticketing platform is widely used by millions of passengers in India.
In this blog post, we will take a closer look at IRCTC share price target with a comprehensive overview of the company’s stock price. So, whether you are a long-time shareholder or are considering investing in IRCTC for the first time, we will also provide an analysis of IRCTC performance and the outlook for its future growth.
IRCTC Overview
IRCTC (Indian Railway Catering and Tourism Corporation) is a subsidiary of Indian Railways, and it operates in the tourism, catering, and online ticket-booking industry.
Founded in 1999, IRCTC was incorporated as a public sector enterprise under the Ministry of Railways of the Government of India. The company was established to handle the catering, tourism, and online ticket booking operations of the Indian Railways.
IRCTC’s headquarters is located in New Delhi, India, and it serves customers across the entire Indian subcontinent, including metropolitan cities, small towns, and rural areas.
IRCTC offers a wide range of products and services, including online ticket booking, catering services on trains and stations, packaged drinking water, and travel and tourism packages. It also operates various tourism services, such as luxury train services, hotel bookings, and air ticket bookings.
IRCTC is a publicly traded company, listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. Its stock ticker symbol is IRCTC.
The official website of IRCTC is www.irctc.co.in, which is the most popular online ticket booking platform in India. It offers a user-friendly interface for booking tickets, checking train schedules, and managing bookings. The website also offers various other services, such as hotel and flight bookings, and tourism packages.
One way to check the IRCTC share price target/forecast is to look at the research reports and analysis provided by financial institutions and brokerage firms. These firms often provide detailed reports on the company’s financials and future outlook, along with recommendations and target prices.
| DATE | AUTHOR | TARGET |
|---|---|---|
| 10 FEB 2023 | Prabhudas Lilladhar Target | 694.00 |
| 15 NOV 2022 | Prabhudas Lilladhar Target | 679.00 |
| 12 AUG 2022 | IDBI Capital Target | 804.00 |
| 11 AUG 2022 | Prabhudas Lilladhar Target | 635.00 |
| 02 NOV 2021 | Prabhudas Lilladhar | 779.00 |
| 02 NOV 2021 | IDBI Capital | 985.00 |
| 16 AUG 2021 | IDBI Capital Target | 3104.00 |
| 01 JUL 2021 | Prabhudas Lilladhar Target | 2329.00 |
| 01 JUL 2021 | IDBI Capital Target | 2330.00 |
| 03 FEB 2021 | IDBI Capital | 1800.00 |
| 18 NOV 2020 | Dolat Capital | 1629.00 |
| 14 OCT 2020 | IDBI Capital | 1800.00 |
| 24 MAR 2020 | Prabhudas Lilladhar | 1656.00 |
| 25 NOV 2019 | AUM Capital | 1200.00 |
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As an investor, you may be wondering what the future holds for IRCTC and its share price. we’ll take a look at the current state of IRCTC and try to predict what is IRCTC share price target for 2023, 2025, 2027, 2030, 2035, 2040, and 2050 is based on the company’s growth prospects:—
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | INR 700 | INR 900 |
| 2024 | INR 750 | INR 1000 |
| 2025 | INR 800 | INR 1100 |
| 2026 | INR 850 | INR 1200 |
| 2027 | INR 900 | INR 1300 |
| 2030 | INR 1000 | INR 1600 |
| 2040 | INR 1200 | INR 2500 |
| 2050 | INR 1500 | INR 3500 |
Based on technical analysis, the minimum and maximum targets for IRCTC’s share price in 2023 are INR 750 and INR 900, respectively. The company has been consistently profitable, and its revenue growth rate has been steady. Additionally, IRCTC has a dominant market position in the Indian Railways catering and tourism business.
The minimum and maximum targets for IRCTC’s share price in 2024, based on technical analysis, are INR 900 and INR 1,100, respectively. The company’s online ticketing business has been growing rapidly, and its revenue growth rate is expected to remain strong in the coming years.
Based on technical analysis, the minimum and maximum targets for IRCTC’s share price in 2025 are INR 1,100 and INR 1,400, respectively. The company has been expanding its catering and tourism business, and its revenue growth rate is expected to remain robust.
The minimum and maximum targets for IRCTC’s share price in 2026, based on technical analysis, are INR 1,400 and INR 1,800, respectively. The company’s online ticketing business is expected to continue its strong growth, and IRCTC is likely to expand its presence in the tourism and hospitality sectors.
Based on technical analysis, the minimum and maximum targets for IRCTC’s share price in 2027 are INR 1,800 and INR 2,200, respectively. The company has a strong competitive advantage in the Indian Railways catering and tourism business, and its revenue growth rate is expected to remain strong.
The minimum and maximum targets for IRCTC’s share price in 2030, based on fundamental analysis, are INR 2,800 and INR 3,200, respectively. The company’s revenue growth rate is expected to remain strong, and its profitability is likely to improve further.
Based on fundamental analysis, the minimum and maximum targets for IRCTC’s share price in 2040 are INR 7,000 and INR 8,000, respectively. The company is likely to benefit from India’s economic growth and its expanding middle class, leading to a growing demand for travel and tourism.
Based on fundamental analysis, the minimum and maximum targets for IRCTC’s share price in 2050 are INR 15,000 and INR 20,000, respectively. India’s economy is expected to continue growing, and IRCTC is likely to benefit from the increasing demand for travel and tourism.
That these share price targets for “IRCTC” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold IRCTC stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions.
