In case the stock falls to less than 1100, I will buy more rather than any PSU. About the author:  Ravi Kumar has a degree in Computer Engineering. The entrance of the stock into mid-cap space from January 1 (classified by AMFI, as per SEBI norm) gave further momentum to the stock since New Year. Check our reviews! The company has shown healthy growth in the past years due to growth across all business verticals. Private train initiative by the railways has paved the way for offering quality and time-bound services to the end customers, and customers have well appreciated this move too. 727! Losing sleep over the market crash? Excerpts from an interview with ETNOW. Of all listed Links recruited i mean Products itself. Post. Tactical Asset Allocation (Market Timing). IRCTC IPO Review: IRCTC is selling equity shares of face value of Rs 10 each in the price band of Rs 315-320 in lot sizes of 40 shares per lot and in multiples thereof. Sign up for our. Disclaimer: No part of this article should be construed as investment advice. Your experience matters. More info . Source: Never stopped operations even during wars: Indian Railways’ plea to citizens. . According to some estimates, India’s packaged drinking water market is expected to grow 16-17 per cent CAGR and to reach Rs 18,000-18,500 crore by FY24. You Can Be Rich Too with Goal-Based Investing, List of Fee-only Financial Planners in India, Create a start to finish financial plan with the freefincal robo advisory template. Sellers are extremely active on this stock. The company has virtually no competitor in online ticketing services and packaged drinking water segments. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Why investors should not wish for high rates! IRCTC has benefitted from the regulatory regime in the past and suffered too. We do not accept paid/free guest post requests. Besides the Competition Commission of India absolving the company’s allegations of unfair market practices and the prospect of launching more ‘lucrative’ Tejas trains retained investors interest in the stock, they added. It is under the administrative control of the Ministry of Railways (MOR). We take the quality of the messages posted on forum as seriously as our articles. Is it good to take shares of IRCTC at 727 points? CONCLUSION. You have reached your weekly free article limit. See: IRCTC to restore service charges on E-tickets from Sep 1. Read more about Investing strategies: Is it a good time to buy stocks for the long term? on Business Standard. Best deals in International Holiday packages, handpicked by IRCTC, for Thailand, Dubai, Sri Lanka, Hong Kong, China, Macau, Bhutan, Nepal, U.K., Europe, USA, Australia etc. www.irctc.co.in. The promoter of the company, Government of India, will sell a total of 32 million shares under this sale offering, which will fetch it Rs 4,374 crore. The friend will access IRCTC apn — small user use airtelgprs.co tata Curve card & VPN your favourite VPN portal Android - Download IRCTC land to login. Make money from your skills and build life long income! The company is engaged in the following businesses: The Ministry of Railways came out with the Catering policy in 2017 which shifted the entire business of catering services at the Railway platforms as well as Trains to IRCTC, thus making the company a huge beneficiary of the catering business across the rails. The software is very good, the tickets are booked very soon and these are all safe. While analysts are struggling to fix the right valuation for the stock (as peer comparison is not possible because of its unique business model), they are bullish on the company for the long-term. If you have only a pure vanilla term cover and a health plan, then you should get personal accident insurance ... India is ready with two vaccines to beat the deadliest virus of recent times. Investors can re-enter after there is more clarity on demand sustainability, The fund’s category change does not alter its investment process that has delivered strongly. The number of takers for this OFS has been huge as is clear from its performance on day 1 itself. I think I could build a better system in about a week for a few hundred quid. How many stars would you give IRCTC? This is not a recommendation, however. Shares of IRCTC fell as much as 13.1% to Rs 1,405 apiece in early trade on Thursday. 10.56 PM Dec 24th. Covid-19 has triggered a consumer shift towards branded products as ... Avail Invitation Pricing Now IRCTC has a monopoly in the area of operations — catering, tourism and online ticketing for Indian Railways. Best VPN for irctc - Let's not let them pursue you Attention: Before the Acquisition of best VPN for irctc absolutely read . Also by the same author: (1) Is Tata Motors share a good buy? Still, overall the tide has been in its favour wherein the company virtually enjoyed a monopoly in the business segment it operates in. American Express Platinum Charge Card Review, List of Stocks with momentum and low volatility for Jan 2021, What we can learn from Petrol, Diesel historical price inflation data. One should thus soon place an order, before the opportunity is missed. IRCTC, a Government of India Enterprise, was incorporated to upgrade, modernize and professionalize catering and hospitality services, to manage hospitality services at railway stations, on trains and other locations and to promote international and domestic tourism in India through public-private participation. Reply. The company offers various tourism services including Luxury Trains Tours like Maharaja Express, Buddhist Circuit special trains, Bharat Darshan Special trains and many other Rail tour packages which offer complete end-to-end services. Yes bank shares have risen 28% in just 4 days, know what the reason is. From the past few months, the commercial activities have started to resume in a controlled manner; however, the impact of COVID-19 on railways as a sector is still visible. Join 40,000 traders and investors. As I mentioned in my answer written a few days ago, I bought 100 shares of HDFC Bank, before stock split, at a price of 2253 and I am fine with it for the long term. "#Stocks looking good to buy/add 11 Dec 2020" in Positional Trades (Swing,Momentum,Trending,Invest) channel on FrontPage https: ... Buy IRCTC at current market price till 1320-1330₹ for 1450₹, 1550-1566₹, 1650₹, 1840₹, 1970-1995+ Targets. Bhaskarapuram, Mylapore, Chennai, Tamil Nadu 600004. A Best VPN for irctc is created away establishing a virtual point-to-point connection through the use of dedicated circuits or with tunneling protocols over existing networks. Source: Look forward to better meals on Indian Railways trains! The regulatory risk overhang will remain on a few accounts: The company belongs to the PSU universe as per the classification of the companies and let us take comparison of the PSUs listed on stock exchanges on the key valuation parameters. 50,000 in NPS for additional tax saving benefit in 2019! The market value of a company is its share price multiplied by the number of outstanding shares. He is interested in Behavioural Finance, Stock market, reading Indian History and Mythology. This is a good sign for its short term trend . Should I buy IRCTC shares? (Google Play Store), Install Freefincal Retirement Planner App! Since then, the risk of your investment decreases significantly. 12GoAsia will book your trains for you but sadly you won't be able to waitlist like you can with IRCTC... although don't get me started on waitlists, lots of different abbreviations that nobody seems to understand and you only find out 4hrs before your train. The shares of Indian Railway Catering and Tourism Corporation (IRCTC), continue their bull run relentlessly, after making a strong debut at the bourses in October 2019. Also by the same author: (1) Is Tata Motors share a good buy? Offer closes soon. Is it a good time to buy IRCTC stock? Company has plans to set up additional 9 plants to cater to the rising demand. Currently, IRCTC is the only authorized entity to offer online Railway Ticketing services, Identified as one of the largest websites in terms of volume of traffic handled in the entire Asia Pacific region, Between FY14-19, online bookings have grown at a CAGR of 12.5 per cent, 14 Lakhs of passengers travel across rails in India daily, Approx. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum. Since then, IRCTC share has been trading in the range of Rs 1500 to Rs 1300 apiece. Prabhudas Lilladher said, “valuations at 20x/18x FY-21/FY-22 look compelling given sales/PAT CAGR of 22.5 per cent/48.7 per cent over FY19-22E and monopolistic position in ticket booking and catering.”. Of Railways ( MOR ), Oscillators and Pivots to submit a tip. Buy on dips, analysts said third straight day profits as Dividend last year has run out of in. 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