The IRCTC share price target is is 2023. If you are interested in the stock market. then this article is going to be very special for you because here we will study the business model of this company and its history in addition to IRCTC’s share price target today.
And how much can we see in the future of IRCTC’s stock target? Along with this, we will know in detail about the business of IRCTC, and how A is going to perform in the future.
Today we are going to talk about IRCTC share price targets for 2022, 2023, 2025, and 2030. This stock was recently divided into five shares at a cost of Rs 2. After that, the stock saw a rise of 17 per Rupay.
Let’s Analyse The Details One By One
IRCTC Share Price Target 2023
It is a Government of India mini-Ratna company that was founded in 1991 as a subsidiary of Indian Railways.
IRCTC (Indian Railway Catering and Tourism Corporation) is a company that helps the railways. of which 67% is with the government.
The business of this company is quite diversified. The company works in catering, online ticketing, travel. and tourism, as well as providing PKD drinking water. on the railways.
Looking at IRCTC’s highest revenue source, catering is dependent on the business segment, which is seen earning the company very good revenue every year.
For the last few years, this company has seen very good growth. And the company has generated very good revenue from this business.
Irctc’s IPO came in 2019. and at that time the price of one of its shares was ₹ 320. This company is constantly giving good returns to its investors.
Also, the company’s stock has given good returns of 213% to its shareholders in the last 1 year. Today,the share price of this company is around 850 rupees.
Along with this, given the increasing growth in the catering business segment, the management of IRCTC is also working on a complete plan to work under company partnerships with many new hotels and restaurants.
As the company will be seen providing the best services to its customers in collaboration with new partners, the company’s revenue is also going to increase accordingly.
IRCTC Share Price Target 2024
Along with being a government company irctc is also a railway subsidiary this company provides the necessary facilities at different railway stations in India
A large part of the company’s total earnings come from its catering business because the company has a monopoly in the area so it is constantly focusing on increasing its business
However, during 2020 and 2021 due to the Corona epidemic there was a slight decline in the company stock which happened to every company
If you analyse its figures for 2023 then its first share target can be ₹ 785 and the second share target can be ₹ 810
IRCTC Share Price Target 2025
The IRCTC company is currently focusing more on increasing its business. Because of its monopoly, the company’s current market capitalization is 72.840 crores.
And this number is going to increase soon. The government is also announcing work on railway infrastructure. most of which is going to benefit the IRCTC company.
The company is also looking forward to the opportunity in online ticketing. Also, the online airline ticketing service https://www.air.irctc.co.in/ works on its website.
which is one of Google’s largest transaction volume websites. Every month, there is a transaction of 2.5 crores. You can see the first target of Rs 1570 in the IRCTC share price target for 2025. The second target is most likely Rs 1680.
IRCTC Share Price Target 2026
in order to offer better services to its customers and to spread its services to more and more people. The IRCTC is gradually connecting every service with better technology.
For some time now, IRCTC has been seen offering many different services with the help of technology, in part to meet the needs of the customer. As a result. the company has reaped significant benefits.
In the coming time too, IRCTC is also seeing partnerships with other companies and provide many such great offers with the help of technology, due to which more and more people are getting to take advantage of every best service using IRCTC’s platform and this will also benefit the company’s business very well. are there.
As the company uses better technology, if you look at the IRCTC Share Price Target by 2026, then you will definitely get to see the first target of Rs 1350 earning very good returns. After this target is hit, you can definitely think of holding the second target for Rs 1400.
IRCTC Share Price Target 2027
Most of India is rural and there are many railway stations in rural areas where Indian railways have no access facilities.
irctc plans to provide better facilities to railway passengers at similar stations. As the company works in this area you will see a good jump in its business and revenue.
If you want to hold the shares of this company by 2027 then its first target in front of you can be ₹ 1010 and the second target can be ₹ 1070.
IRCTC Share Price Target 2030
Earlier those who invested in the IRCTC company got very good returns but if you invest in the IRCTC company now by the year 2030 you can get very good returns.
Financially the IRCTC company will continue to grow in the coming years because it continually invests its profits in expanding its business you can only hope that investing money in this company will yield good returns later.
When it comes to the IRCTC share price target for 2030. the company’s first target could be 6000 by 2030. The second target could be around 6700.
IRCTC Share Price Target 2035
IRCTC primarily conducts three types of business catering, online ticket booking and tour packages. The company creates various types of tour packages for Indian Railways passengers which account for 35% of the company’s earnings.
Based on the fact that the company’s revenue has been steadily increasing in recent years and is continuing to increase the company can provide very good profits to its investors in 2035.
IRCTC Share Price Target 2040
When you go to a railway station you see railroad neer (drinking water) machines there. irctc has recently launched the Railway Neer business which aims to provide clean and cold water to Indian Railways passengers.
In the near future. you will notice the availability of railways neer at stations where passengers do not have access to cold water.
For this the IRCTC is identifying such a railway station and installing cold water machines there, the company is also investing very well in this area.
By 2040 you will see a very good jump in the net profit of this company so holding its shares can be beneficial for you.
Till IRCTC’s share price target of 2040, our team studied the figures of its share targets which come out to be between Rs 2500 and Rs 2800.
IRCTC share price target for future
Talking about the future of the IRCTC company its biggest tourism is that the company is a monopoly right now. And with this they have four revenue sources. We will know in detail about and decide how this stock will be used in the IRCTC company railway service looking to the future.
IRCTC Catering Services Business
Catering provides services when people travel long distances. So they very much need catering. which is provided by the IRCTC company. Even today there are many railway stations where catering services are not available.
An IRCTC company is capable of providing these services. At the same time the company is also stepping into non-railway catering. And about 55% of the revenue of the IRCTC company comes from catering services.
IRCTC Tour Packages Business
The first company runs a tour package business. This results in a 35% increase in revenue for the company however this is only the beginning.
The company is focusing on making itself bigger. The company also provides services in the PKD drinking water business and in railway service.
There are still many railway stations that do not have irctc service. And in the future. these services will definitely come. According to our analysis. you must invest in this stock for a long time from now on.
How to buy IRCTC shares
IRCTC shares are available on the online trading platform. Upstox is the best trading platform in India and allows you to invest in irctc shares from your mobile phone.
To do so you must first open a Demat account in Upstox.which we have detailed information about in an article that you will receive a link to.
Future of IRCTC Shares
From the point of view of the future. there seems to be a huge potential for growth in IRCTC’s business,
if the government is seen as keeping a regulated monopoly business in the coming time it is going to benefit the company’s business very well because the customer will not have any other option other than this and irctc is going to benefit from all the revenue sources.
Along with this, the way Irctc is constantly seeing its business network expanding at every railway station to spread its services across the country the company is definitely going to reap the benefits of this in the future and the shares are likely to show an increase in price accordingly.
Risks for investors in IRCTC stocks
At present the IRCTC company does not have much risk in investing in it due to the support of the Indian Railways and the Government of India but in the coming time.
If the government changes its policy and gives an opportunity to another private company to serve in the railway department. then the share price of IRCTC can see a sharp decline. Although IRCTC is a government company.
You will notice that the government will assist the company in every difficult situation. This will reduce the company’s risk. but the investor should still invest in IRCTC only after all the investigations
This article has been created on the basis of some assumptions and information we are not financial advisors if you invest in the
What is IRCTC?
IRCTC stands for Indian Railway Catering and Tourism Corporation. It is a subsidiary of the Indian Railways and is responsible for providing catering online ticketing travel and tourism services as well as PKD drinking water on the railways
What is the business model of IRCTC?
The business model of the IRCTC is diversified with its highest revenue source coming from its catering segment. The company has a monopoly in the catering business and is constantly working on increasing its revenue.
What is IRCTC's current stock price?
As of 2023 the current stock price of IRCTC is around ₹850
What is IRCTC revenue growth ?
In the last year IRCTC has given good returns of 213% to its shareholders. The company is working on a complete plan to work under company partnerships with many new hotels and restaurants which is expected to increase its revenue.
What is IRCTC's share price target for 2023?
If you analyze its figures for 2023 the first share target can be ₹785 and the second share target can be ₹810.
When did IRCTC go public?
IRCTC went public in 2019 with its IPO priced at ₹320 per share.
What is IRCTC's share price target for 2025?
The IRCTC company is currently focusing on increasing its business and is looking forward to the opportunity in online ticketing. The online airline ticketing service https://www.air.irctc.co.in/ works on its website which is one of Google’s largest transaction volume websites. The first target of the IRCTC’s share price target for 2025 is ₹1570 and the second target is ₹1680.