Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum. Your experience matters. All calculators from our book, “You can be Rich Too” are now available on Google Play! And it has every reason to smile. It is a Central Public Sector Enterprise wholly owned by the Government of India and under the administrative control of the Ministry of Railways. On NSE too, IRCTC share price rallied 18.81% to Rs 743.80. The company has virtually no competitor in online ticketing services and packaged drinking water segments. You can now reduce fear, doubt and uncertainty while investing for your financial goals! 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. Do Not Invest Rs. About the author:  Ravi Kumar has a degree in Computer Engineering. Yet, all the three analysts tracking IRCTC have a ‘buy’ rating. https://indianrailways.gov.in/railwayboard/uploads/directorate/tourism/downloads/CC_20_2017.pdf, IRCTC Provides High-Quality Food In Railways At Low Prices, IRCTC files IPO draft papers, to offload 12.5 per cent, IRCTC to restore service charges on E-tickets from Sep 1, Next time Tejas train delays you, you will get a refund, India’s first private train IRCTC Lucknow-Delhi Tejas posts Rs 70 lakh profit in three weeks, Look forward to better meals on Indian Railways trains! The IRCTC stock closed at Rs 1,618.05 at the close of business on Wednesday. Join the 21 people who’ve already contributed. At 3:00 pm today, the stock was down 0.51% to Rs 1,396 against its previous close of Rs 1403. Also, IRCTC spent an average of nearly Rs 14 lakh per day to operate the state-of-the-art private train and earned around Rs 17.50 lakh every day from the passenger fares. The clinician scientist on how to combat a mutating virus. The initial public offering (IPO) of Indian Railway Catering and Tourism Corporation (IRCTC), the catering, ticketing and tourism arm of the Indian Railways will open for subscription on 30 September. Why investors should not wish for high rates! hi, is irctc still a good investment option at this price? Install the Financial Freedom App! 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. At 3:00 pm today, the stock was down 0.51% to Rs 1,396 against its previous close of Rs 1403. 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. We take the quality of the messages posted on forum as seriously as our articles. To submit a news tip or a topic that you would like us to write about, use: letters [AT] freefincal.com. IRCTC share which enjoyed a dream run since listing in October last year has run out of steam in four sessions. In this article, we would do IRCTC IPO Review. Follow us on Telegram, It is the only entity authorized by Indian Railways to provide Catering Services to railways, Online railway tickets and Packaged drinking water at railway stations and trains in India. Since then, IRCTC share has been trading in the range of Rs 1500 to Rs 1300 apiece. Catering Policy 2017 detailed the catering services as below. Upto 55-60% returns. 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. We would like to believe that the impact of the pandemic is temporary and commercial activities would resume once again when normalcy returns, till then IRCTC as a company won’t be able to enjoy the earnings as it had enjoyed in the past. Why Turkey’s interest rate is 17%! 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. 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. -- 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. Absolutely, it is good. The market value of a company is its share price multiplied by the number of outstanding shares. Good news:::::IRCTC is going to run new special trains so buy this gold add llin discount for ling time There will be tea, coffee vending machines and water will be provided through RO machines for passengers on demand. However, what I have discussed above is a good way to invest in stocks. The Jefferies report said that within the Nifty 100 several PSUs such as State Bank of India, GAIL, ONGC, NTPC, Bank of Baroda, Punjab National Bank … 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. 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. IRCTC has a ROE of 44.0689652556203 % . 2. www.irctc.co.in. We aim to bring you long-term focused analysis driven by fundamental data. About IRCTC Limited. The stock of the company trades at the ~20 times P/B ratio. We do not participate in link exchanges or brand campaigns  Such emails will be deleted. “IRCTC is a monopolistic conglomerate with no comparable listed peer set and limited valuation history (listed recently). The software is very good, the tickets are booked very soon and these are all safe. You can also download our Android App or IOS App. This is a good … These services also include hotel bookings, car rental services, LTC Tours, event management services, land tour packages, domestic and international tour packages through their own portal www.irctctourism.com. The IRCTC stock closed at Rs 1,618.05 at the close of business on Wednesday. which is the best price to buy IRCTC and SBI card share? It is under the administrative control of the Ministry of Railways (MOR). Bringing more good news to its investors, IRCTC share price climbed 15.49% over its listing price to Rs 743.80 on BSE. The company has a strong presence in the food catering services market by offering better food quality at affordable prices than before. In a first, the company is offering a complimentary travel insurance coverage of ₹25 lakh. IRCTC has a unique business and looks attractive from a long-term perspective. 72% of bookings through the internet, Company has 10 operational plants currently, The cumulative capacity of over 11 Lakh litres per day. Though airlines have been slowly given respite since the regulatory measures are stronger on Airlines than Railways due to. The stock had a stellar start on October 14 after its blockbuster IPO, which saw the issue subscribing 112 times — the biggest response to a public issue of any PSU so far. IRCTC has a very unique model. Bhaskarapuram, Mylapore, Chennai, Tamil Nadu 600004. Tell this page. Why IRCTC shares are falling or up today? Prashanth Tapse also said IRCTC could be considered a good portfolio stock, if accumulated in good quantity at decent lower levels around 20 percent from the list price. Home ⇒ Stock Market ⇒ Stock Analysis IRCTC: Is it overvalued? 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. For one, unlike a majority of PSUs which operate in capital-intensive, cyclical and B2B sectors, IRCTC is a consumer-facing and asset-light e-commerce play on Bharat’s rising travel spends. Mumbai Stock Market & Finance report, ... Our Ai stock analyst implies that there will be a positive trend in the future and the IRCTC shares might be good for investing for making money. It was down 1.55 percent from the previous day’s closing price. Kitchens, Onboard billing through POS [Point of Sale] machines. Sign up for our. 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. Reply. The website comes with new ticket booking feature. IRCTC IPO – How good is this IPO? Join our courses in exclusive Facebook Groups! IRCTC has benefitted from the regulatory regime in the past and suffered too. IRCTC takes 5 big steps to improve food quality, Never stopped operations even during wars: Indian Railways’ plea to citizens, The two routes – Why IRCTC has cancelled operations of the country’s first private train Tejas ExpressThe two routes – Why IRCTC has cancelled operations of the country’s first private train Tejas Express, IRCTC Q1 results: Company reports net loss of Rs 25 crore due to lockdown. Get live share price chart, key metrics, forecast and ratings of Indian Railway Catering and Tourism Corporation Ltd - IRCTC on Tickertape 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. (2) Is IDFC First Bank share worth buying? Also by the same author: (1) Is Tata Motors share a good buy? 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. 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. 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! Indian Railway Catering and Tourism Corporation up by 0.40% is trading at ₹ 1,456.85 today. Covid-19 has triggered a consumer shift towards branded products as ... Avail Invitation Pricing Now How happy it would be if I get to buy IRCTC shares at a rate of Rs. I think I could build a better system in about a week for a few hundred quid. The stock is down for the third straight day. IRCTC shares have so far not resulted in losses for those who subscribed to the IPO with a long-term view and continues to trade at a price that is way above its listing price. Food cropped up as a leitmotif in Irrfan Khan’s films. 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. Opened to the private tour operators and rightly, so customers well appreciated this move and uncertainty investing... Catering Policy 2017 detailed the catering services else prefer to manually deliver the goods your VPN connections book! Get diverse set of perspectives from our book, “ you can now fear! 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