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IRCTC Share Price Target: 2024, 2025, 2030, 2035, and 2040

IRCTC Share Price Target: 2024, 2025, 2030, 2035, and 2040

In this post, we will discuss the IRCTC share price target for upcoming years. IRCTC, as we all know, is a subsidiary of Indian Railways. The majority of stocks in IRCTC are owned by the government of India. If you are planning to invest your money in the public sector, then IRCTC can be one of the best options, but before investing, you must understand the forecast value of these stocks in the coming years.

About IRCTC 

The IRCTC (Indian Railway Catering and Tourism Corporation Ltd.) was established on September 27, 1999, as a public sector undertaking completely owned by the Government of India through the Indian Railways. It is a “Mini Ratna (Category-I)” central public sector enterprise. IRCTC is the only entity that is authorized to provide certain services to the Indian Railways, including online ticketing, catering, and selling drinking water on trains and at railway stations. The Government of India holds 67% of the shares of IRCTC. It was listed on the National Stock Exchange in 2019.

The core activities of the company are detailed below:

  • Catering & Hospitality
  • Internet Ticketing
  • Travel & Tourism
  • Packaged Drinking Water (Rail Neer)

COMPANY NAMEIndian Railway Catering and Tourism Corporation Ltd.
INDUSTRYTransport
FOUNDED1999
COUNTRYIndia
OFFICIAL WEBSITEhttps://irctc.com/

Key Metrics

MARKET CAP (₹)58,044 Crore
SECTORIAL MARKET CAP RANK2
PE RATIO (x)58.48
PRICE TO BOOK RATIO (x)22.70
EPS – TTM (₹)12.41
DIVIDEND YIELD (%)3.79
STOCK – 52 WEEK HIGH AND LOW (₹)774.90 / 557.10

Highlights of the IRCTC Limited share price forecast are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 740
2024₹ 730₹ 800
2025₹ 800₹ 900
2026₹ 880₹ 1,030
2027₹ 1,010₹ 1,150
2028₹ 1,140₹ 1,280
2029₹ 1,270₹ 1,400
2030₹ 1,400₹ 1,600
2040₹ 3,700₹ 3,850

Important Note: These price targets for “IRCTC Ltd.” are only for reference purposes. Short-term and long-term IRCTC stock price predictions may be different due to the different analyzed time series. This prediction is only valid if there are positive market sentiments; any uncertainties in the company or global market condition are not covered in this analysis.

IRCTC Share Price Target for 2023

The only organisation permitted by the Indian government to offer bottled drinking water at railway stations and trains in India is Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), a Mini Ratna (Category-1 Central Public Sector Enterprise). By doing this, the company quickly earned a spot among the top 100 listed businesses, according to the market capitalization of the company.

YearMinimum PriceMaximum Price
2023₹ 740

IRCTC Share Price Target for 2024

The subsidiary company of Indian Railways is trying to spread its business in different areas. In the coming time, the way IRCTC is expanding its services, an increase in the value of the company can also be seen. As per our forecasted company share price will be between ₹ 730 to ₹ 800 during this year.

YearMinimum PriceMaximum Price
2024₹ 730₹ 800

IRCTC Share Price Target for 2025

As we all know government of India special focus on improvement of Railway infrastructure. IRCTC also enhancing own services on those Railway stations where his services not available. Through this we will see the major impact on revenue of company. Which will be also reflected on share prices of IRCTC.

YearMinimum PriceMaximum Price
2025₹ 800₹ 900

IRCTC Share Price Target for 2026

The company also plans to build a network of well-planned chains of hotels that target budget travelers. Presently, budget hotels at Lucknow, Khajuraho, and Kevadia are under construction, and the company is exploring the avenues for such hotels at other locations and has approached several state governments for the same. As per our forecasted company share price will be between ₹ 880 to ₹ 1,030 during this year.

YearMinimum PriceMaximum Price
2026₹ 880₹ 1,030

IRCTC Share Price Target for 2027

YearMinimum PriceMaximum Price
2027₹ 1,010₹ 1,150

IRCTC Share Price Target for 2028

IRCTC’s highest earning comes from its catering business, which accounts for 55% of its total revenue, online ticket booking accounts for 12.3% of its revenue, which is growing at the rate of 13% every year. 35% of the company’s total revenue comes from its tour package business. If you carefully study the performance of the company for the last few years till now, you will see that the company is on a steady upward trajectory. This trends will continue in future.

YearMinimum PriceMaximum Price
2028₹ 1,140₹ 1,280

IRCTC Share Price Target for 2029

YearMinimum PriceMaximum Price
2028₹ 1,270₹ 1,400

IRCTC Share Price Target for 2030

Planned Railway projects are expected that completed to 2030, and from this economic benefit also begin drawing. In that time more people will prefer travelling through Railway and no doubt this also benefits IRCTC. IRCTC revenue will increase and his share also perform better. As per our forecasted company share price will be between ₹ 1,400 to ₹ 1,600 during this year.

YearMinimum PriceMaximum Price
2030₹ 1,400₹ 1,600

IRCTC Share Price Target for 2040

According to the future, if we look at IRCTC, then it appears to be the biggest company in the tourism sector. The way the company’s sources of revenue are spread and the way the company is continuously trying to expand its business model, the future of the company looks bright.

YearMinimum PriceMaximum Price
2040₹ 3,700₹ 3,850

RELATED STORIES

Indian Railway Finance Corporation Share Price Target 2024, 2026, 2028 and 2030

In this post we will discuss the predicted stock price of Indian Railway Finance Corporation. If you are planning to invest your money in public sector enterprises then before investing you must understand the forecast value of these shares in the coming years. READ MORE

Recommendations: Invest in IRCTC stock or sell it?

As we all know IRCTC enjoys its monopoly and that this will also continue in future. Studying the past data shows that IRCTC is continuously giving profits to its investors. Also in future, the stocks of this company can give you very good returns, if you hold the stock of this company for a long time, then it can be of great benefit to you.

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