IRCTC Limited Share Price Target: 2023, 2024, 2025 to 2030
IRCTC (Indian Railway Catering and Tourism Corporation Limited) is a public sector enterprise of the Government of India under the Ministry of Railways. It was incorporated on 27 September 1999 and it started its operations on 1 July 2001. Its headquarters are located in New Delhi.
IRCTC provides online railway ticket booking, catering services, and tourism packages. It also offers services such as e-catering, food on track, accommodation on track, executive lounge, and tourism packages.
IRCTC has been instrumental in reducing the queues at railway ticket counters and has introduced a number of innovative services over the years. These services include the launch of online ticket booking, online meals and snacks ordering, e-ticketing, and the introduction of mobile ticketing.
The corporation has also been responsible for revolutionizing the Indian Railways catering system. In 2010, it launched e-catering services, allowing passengers to order food online and have it delivered to their train coach.
IRCTC also offers various tourism packages such as the Indian Railways Tourist Travel Card, which provides budget travel packages to various tourist destinations in India. It also offers special services such as executive lounges and e-catering.
Stock History
IRCTC Limited is an Indian public sector undertaking that provides online ticketing services for Indian Railways. The company was incorporated on 27 September 1999, and it is currently a listed public entity.
The stock history of IRCTC Limited can be found on the National Stock Exchange of India (NSE). The stock opened at Rs. 644 on April 1, 2020 and it has been trading in the range of Rs. 530 – Rs. 1,400 since then. The stock reached its all-time high of Rs. 1,427 on January 8, 2021. The 52-week low of the stock was Rs. 536.41 on April 7, 2020.
As of January 19, 2023, the stock price of IRCTC Limited is ₹640.05.
IRCTC Limited in recent news
➤IRCTC shares up 0.02% as NIFTY drops
➤IRCTC shares to turn ex-dividend, to pay 75% dividend
How to buy IRCTC Limited shares?
To buy IRCTC Limited shares, you need to open a Demat and trading account with a registered stockbroker and deposit the required amount in your trading account. Once the trading account is activated, you can place orders to buy IRCTC Limited shares online or through the stockbroker. The stockbroker will execute the order and the shares will be credited to your Demat account.
Some of the online trading platforms are:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
IRCTC Limited Share Price Prediction 2023 to 2030
IRCTC Limited Share Price Target 2023 is ₹875.90
| When | Maximum Price | Minimum Price |
| January 2023 | ₹640.05 | ₹254.25 |
| February 2023 | ₹652.85 | ₹502.19 |
| March 2023 | ₹489.64 | ₹376.64 |
| April 2023 | ₹538.60 | ₹414.31 |
| May 2023 | ₹448.84 | ₹345.26 |
| June 2023 | ₹538.60 | ₹414.31 |
| July 2023 | ₹646.32 | ₹497.17 |
| August 2023 | ₹710.95 | ₹546.89 |
| September 2023 | ₹746.50 | ₹574.23 |
| October 2023 | ₹710.95 | ₹546.89 |
| November 2023 | ₹782.05 | ₹601.58 |
| December 2023 | ₹875.90 | ₹673.77 |
The per share price of the Indian Railway Catering & Tourism Corporation (IRCTC) Limited for 2023 might reach around ₹875.90 as the share price of IRCTC has generally been increasing since it was listed on the stock exchanges in October 2019.
Therefore, it is likely that the share price will continue to increase over the next few years.
IRCTC Limited Share Price Target 2024 is ₹1,226.29
| When | Maximum Price | Minimum Price |
| January 2024 | ₹922.00 | ₹709.23 |
| February 2024 | ₹1,035.95 | ₹863.29 |
| March 2024 | ₹1,090.47 | ₹886.56 |
| April 2024 | ₹991.34 | ₹762.57 |
| May 2024 | ₹826.12 | ₹635.47 |
| June 2024 | ₹991.34 | ₹762.57 |
| July 2024 | ₹842.64 | ₹653.21 |
| August 2024 | ₹926.90 | ₹735.64 |
| September 2024 | ₹973.25 | ₹748.65 |
| October 2024 | ₹1,145.00 | ₹880.77 |
| November 2024 | ₹1,202.25 | ₹924.81 |
| December 2024 | ₹1,226.29 | ₹943.30 |
If the value of IRCTC share price continues to increase, then the share price of IRCTC Limited might reach ₹1,226.29 by the end of 2024.
IRCTC Limited Share Price Target 2025 is ₹1,487.51
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,250.82 | ₹962.17 |
| February 2025 | ₹1,316.65 | ₹1,012.81 |
| March 2025 | ₹1,382.48 | ₹1,063.45 |
| April 2025 | ₹1,234.36 | ₹949.51 |
| May 2025 | ₹1,122.15 | ₹863.19 |
| June 2025 | ₹1,234.36 | ₹949.51 |
| July 2025 | ₹1,175.58 | ₹904.29 |
| August 2025 | ₹1,224.56 | ₹941.97 |
| September 2025 | ₹1,285.79 | ₹989.07 |
| October 2025 | ₹1,362.94 | ₹1,048.42 |
| November 2025 | ₹1,458.35 | ₹1,121.80 |
| December 2025 | ₹1,487.51 | ₹1,144.24 |
If everything goes according to the current trend, we can assume that the IRCTC share price might reach ₹1,487.51 by the end of 2025.
IRCTC Limited Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2023 | ₹875.90 | ₹345.26 |
| 2024 | ₹1,226.29 | ₹709.23 |
| 2025 | ₹1,487.51 | ₹949.51 |
| 2026 | ₹1,041.26 | ₹728.88 |
| 2027 | ₹885.07 | ₹619.55 |
| 2028 | ₹1,593.13 | ₹1,115.19 |
| 2029 | ₹3,272.53 | ₹2,290.77 |
| 2030 | ₹3,644.41 | ₹2,551.08 |
Given the current market trends and the company’s future prospects, it is difficult to provide a definitive answer to this question as stock prices are not easily predictable. However, analysts are expecting that the price of IRCTC Limited shares will continue to increase in the near future, with some estimates putting the price at around Rs. 1,041.26 per share by the year 2026 and Rs. 3,644.41 per share by the year 2030.
IRCTC Limited Financial Condition: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
| Sales | 1,466.09 | 1,870.00 | 2,264.31 | 776.66 | 1,879.48 | 2,889.56 | 4,548.25 | 1,884.35 |
| Expenses | 1,192.50 | 1,486.64 | 1,561.64 | 588.87 | 998.49 | 1,706.03 | 2,685.34 | 1,408.04 |
| Operating Profit | 273.59 | 383.36 | 702.67 | 187.79 | 880.99 | 1,183.53 | 1,862.91 | 476.32 |
| Other Income | 98.69 | 126.19 | 76.88 | 124.35 | 68.56 | 88.54 | – | – |
| Depreciation | 23.66 | 28.64 | 40.21 | 46.35 | 48.99 | 58.08 | 58.08 | 58.08 |
| Interest | 2.99 | 2.35 | 9.76 | 8.28 | 11.05 | 12.47 | 12.47 | 12.47 |
| Profit before tax | 345.63 | 478.56 | 729.58 | 257.51 | 889.51 | 1,201.52 | 1,792.36 | 405.77 |
| Tax | 125.02 | 169.99 | 216.48 | 70.49 | 225.82 | 307.37 | 26% | 26% |
| Net profit | 220.62 | 308.56 | 513.11 | 187.03 | 663.69 | 894.14 | 1,333.84 | 301.97 |
| EPS | 11.03 | 3.86 | 6.41 | 2.34 | 8.30 | 11.18 | 16.67 | 3.77 |
| Price to earning | 30.64 | 150.31 | 93.38 | 57.29 | 82.90 | 57.29 | ||
| Price | – | – | 196.51 | 351.40 | 774.70 | 640.30 | 1,382.17 | 216.24 |
| RATIOS: | ||||||||
| Dividend Payout | 21.39% | 97.99% | 38.98% | 42.77% | 42.19% | |||
| OPM | 18.66% | 20.50% | 31.03% | 24.18% | 46.87% | 40.96% |
FAQS
Will the share price of IRCTC Limited grow in 2023?
Yes, according to the trend the share price of IRCTC Limited will grow and reach ₹875.90 by the December of 2023.
What is the price prediction for IRCTC Limited for 2030?
If the upward growth trend continues for the company, the share price of IRCTC Limited might reach around ₹3,644.41 by the end of 2030.
What is the current market condition of IRCTC Limited Stock?
At the current time, the IRCTC Limited share price is trending at ₹640.05 with a market capitalisation of 512.36 billion INR.
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Difference between NSE and BSE.
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Conclusion
The IRCTC Limited share price target for 2023, 2024, 2025 to 2030 is expected to continue its upward trend based on the current market conditions and the company’s growth trajectory. Over the next few years, IRCTC Limited is likely to experience a continued rise in share price, as the company continues to innovate and develop its products and services, as well as expand its customer base. As such, investors should look to capitalize on this potential growth and aim for a share price target of 2023, 2024, 2025 to 2030.
