The stock is down for the third straight day. Home ⇒ Stock Market ⇒ Stock Analysis IRCTC: Is it overvalued? Please Subscribe to get access to one of our early bird packs. September 2019 as convenience fees. Yet, all the three analysts tracking IRCTC have a ‘buy’ rating. Potential investors, who failed to get shares through IPO subscription, can wait for some time to buy on dips, analysts said. The number of takers for this OFS has been huge as is clear from its performance on day 1 itself. . IRCTC levies services charges in the form of convenience fees on booking the tickets online in the range of: During 2016, the charges were removed to promote digital banking, and IRCTC was reimbursed for the amount by the Ministry of Finance/Railways. “IRCTC has cancelled the Lucknow-New Delhi (82501/82502) Tejas Express from November 23 while the Ahmedabad-Mumbai (82901/82902) Tejas Express from November 24. Absolutely, it is good. Don't! IRCTC IPO – How good is this IPO? Why IRCTC shares are falling or up today? We take the quality of the messages posted on forum as seriously as our articles. Get diverse set of perspectives from our trusted experts on Portfolio, Banking, Economy, Environment and others. Search. The lockdown which started in the country during March’20 brought almost entire business operations to a halt when all the commercial activities were stopped temporarily. Railways have been contributing to the freight load factor more than ever due to pressure on-road transportation, but passenger load factor has not shown any significant improvement. Gauging the public response, the company launched another ‘private’ train, this time on Ahmedabad-Mumbai route. Govt To Sell Up To 20% Stake In IRCTC Via OFS; Stock Nosedives 13%. Best VPN for irctc - Let's not let them pursue you Attention: Before the Acquisition of best VPN for irctc absolutely read . "#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. The IRCTC offer-for-sale got a good response from non-retail investors. In the near term, IRCTC NSE -0.02 % returns might be capped but it is a good long-term bet, says Devang Bhat, Analyst, ICICI Direct. Shares of IRCTC fell as much as 13.1% to Rs 1,405 apiece in early trade on Thursday. Investors find the future of the company bright given the business segments it is engaged in and the market share it holds in those business segments. IRCTC made another first in the Indian Rail history by operating a ‘private’ train on Delhi-Lucknow track and received an overwhelming response from the customers. Of all listed Links recruited i mean Products itself. It had net cash of Rs 1,535 crore as on September 2020 and paid 38 per cent of its profits as dividend last year. The company has a strong presence in the food catering services market by offering better food quality at affordable prices than before. 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. www.irctc.co.in. IRCTC is the only entity authorised by the Indian Railways to provide online railway tickets, catering services to railways and packaged drinking water at railway stations and in trains. Check our reviews! Follow us on Telegram, Most analysts are positive and have given a buy recommendation on the IPO, thanks to its reasonable valuation and the competitive strength of the company. -- Created at 01/08/2020, 15 Replies - Dost and Dimes -- India's Fastest growing Online Shopping Community to find Hottest deals, Coupon codes and Freebies. ADX buy sell signal for Indian Rail stock is BUY. Also by the same author: (1) Is Tata Motors share a good buy? Let’s take a look at the businesses of the company before we arrive at any conclusion about its stock. IRCTC website and Rail Connect app have been revamped as a Happy New Yea 2021 gift for passengers. please suggest ty. [The price-to-book ratio compares a company’s market value to its book value. Offer closes soon. The technical analysis gauge below displays real-time ratings for the timeframes you select. IRCTC share price: The Indian Railway Catering and Tourism Corporation (IRCTC) share price finally managed to break the psychological Rs 1,000 per stock levels in the intraday trade. Catering Policy 2017 detailed the catering services as below. Install the Financial Freedom App! You can now reduce fear, doubt and uncertainty while investing for your financial goals! It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. In a first, the company is offering a complimentary travel insurance coverage of ₹25 lakh. Is it good to take shares of IRCTC at 727 points? To know more on the volume of the business and adherence to quality standards maintained by IRCTC on food catering, watch the video: IRCTC Provides High-Quality Food In Railways At Low Prices, Source: IRCTC files IPO draft papers, to offload 12.5 per cent. The company which is popular among the railway travellers [Customers] for offering the convenience of online Railway ticketing facility is fancy of investors too ever since it came out with an IPO, and investors lapped up the IPO with 112 times oversubscription; just the way tatkal bookings happen at its popular website, i.e. The stock of the company trades at the ~20 times P/B ratio. Linkedin. I am sure, I can still make good money in capital appreciation as well as dividends from HDFC Bank. (5) Stock analysis: Are Tata Consumer Products share worth a buy? Tell this page. The book value is the net assets of a company. The IRCTC stock closed at Rs 1,618.05 at the close of business on Wednesday. On his birth anniversary today, a fan recalls some ... A vehicle owner queues up for a colour-coded sticker — and wonders why he has to do so in Covid-19 times, Agencies are optimistic that ad volumes and spend will rebound, When tech meets fashion, it can knock your socks off, 2020 ambushed and battered agencies — but advertising kept audiences engaged. How i already stressed, should You mandatory Prudence when Acquisition of best VPN for irctc to show, regarding the dubious Third party, the proven coveted Innovations use, to sell their counterfeits. 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. CONCLUSION. Nearly every Best VPN for irctc service provides its own app with blood group full graphical user interface for managing their VPN link and settings, and we recommend that you use it. Indian Railways subsidiary, IRCTC is coming up with an IPO that would open for subscription on 30 th September, 2019. IRCTC has a monopoly in the area of operations — catering, tourism and online ticketing for Indian Railways. The bumper listing of IRCTC took Dalal Street by surprise, as many analysts were anticipating the stock to list at around Rs 600. 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. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Get Full Digital Access To The Hindu BusinessLine, The Hindu, Frontline, Sportstar, Crossword+, Epaper replica of The Hindu and The Hindu BusinessLine in ONE SINGLE DISCOUNTED PRICE! To submit a news tip or a topic that you would like us to write about, use: letters [AT] freefincal.com. 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. Do this instead! However, one factor that should catch the attention of the investors is the P/B [Price to Book ratio]. 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. Spark Capital has a buy rating on Indian Railway Catering and Tourism Corporation (IRCTC) with a target price of Rs 1,290. 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. ⭐ ⭐ ⭐ ⭐ ⭐ Our Google My Business Rating is 4.9 stars! on Business Standard. (2) Is IDFC First Bank share worth buying? This is not a good sign for its mid term trend . IRCTC: Why IRCTC OFS may be a good entry point for you - The Economic Times Why IRCTC OFS may be a good entry point for you “Over the long-term, private trains and indirect benefit from dedicated freight corridor would aid IRCTC’s growth.” Also Read: Best Term Life Insurance Plans in India. Since then, the risk of your investment decreases significantly. ticket for you. We take the quality of the messages posted on forum as seriously as our articles. About the author: Ravi Kumar has a degree in Computer Engineering. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum. Though airlines have been slowly given respite since the regulatory measures are stronger on Airlines than Railways due to. The IRCTC stock on Wednesday registered its yet another peak at ₹1,549 but closed slightly lower at ₹1,509.95, with a gain of 6.8 per cent, over the previous day’s close on the BSE. 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 have clicked on a link which leaves THBL website, and you will be redirected to a third party website.THBL makes no representations nor has any supervision or control over the content, reliability or security of the third party website, nor shall THBL be liable for its use. Still, overall the tide has been in its favour wherein the company virtually enjoyed a monopoly in the business segment it operates in. Tactical Asset Allocation (Market Timing). Facebook, Twitter, Instagram, YouTube and And it has every reason to smile. Why Turkey’s interest rate is 17%! Post. Installation of CCTV cameras at the ‘source,’ i.e. 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. Analysists say this OFS is a good opportunity for retail investors to buy shares of IRCTC at a discount to the market price. Do Not Invest Rs. 727! However, what I have discussed above is a good way to invest in stocks. In your Whole are the Feedback however considerably and I inconclusion, the Result will also be used for you absolutely satisfying be. This Variety of effective Means, to those best VPN for irctc heard, is unfortunately often only temporary on the market, because the fact, that Means on natural Base sun effective are, sets other Manufacturer under pressure. 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