Saturday, November 6, 2021

Is It Good Time To Invest In IRCTC?

Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways. It was initially wholly owned by the Government of India and operated under the administrative control of the Ministry of Railways, but now it has been listed on the National Stock Exchange since 2019, with the Government continuing to hold majority ownership.

In the last month, the stock has given an unexpected rally and made lifetime highs. Then huge profit booking came exactly before the price split. Many peoples were assumed stock price has fallen from 6000 to 800 but the stock price has got split in a 1/5 ratio. Then the stock has shown good buying in dips and now trading neutral.

What next now?

If we talk based on the chart then there is no confirmation to buy. We have to wait for trend continuation confirmation with big bulls. If you are a long-term investor then you can go for it now based on fundamentals.

If we go through fundamentals then business is good and demandable in the future. Right now they have some limitations due to the covid pandemic and it is impacting their business. However, the railway is the major way of transportation in India.


  1. The company is almost debt free.
  2. The return on equity is more than 11%.
  3. Quarterly net profits are increasing.
  4. The promoters have 67% share holdings.
  5. FIIs and DIIs are increasing their share holdings.



Disclaimer: The contents produced here are purely for educational purposes. They should not be construed as buy/sell recommendations. I am not a SEBI registered Analyst or Investment Advisor. Readers are advised to consult their Investment advisor before taking any decisions based on the above write-up.