If you are looking for “IRCTC Ltd share price targets” for upcoming years you are in the right place. Before we dive into IRCTC Ltd stock price targets, Let’s understand the IRCTC Ltd company background, technical fundamentals etc.
About IRCTC Ltd
The Indian Railway Catering and Tourism Corporation Ltd (IRCTC) is a public sector company under the Ministry of Railways, Government of India. It is responsible for catering and tourism operations on Indian Railways. IRCTC was incorporated as a wholly-owned subsidiary of Indian Railway on 27 September 1999. Its maiden voyage was undertaken in November 2000 with the inauguration of the New Delhi-Howrah Rajdhani Express. IRCTC has been conferred with the prestigious ISO 9001:2000 certification by Det Norske Veritas for quality management system in March 2004..
Fundamentals of IRCTC Ltd
Let’s look at the fundamentals of IRCTC Ltd, based on which we can get a clear understanding of the expertise in the tourism sector.
- Current Market Cap: The current market cap of IRCTC Ltd as of September 14 2022, is ₹ 57,028 Cr.
- P/E Ratio: The current price to earning ratio of IRCTC Ltd is 68.98.
- Sales Growth: Sales growth over the period of time for IRCTC Ltd is -65.42%.
- Profit Growth: Profit growth is around -62.99% over the period of time
IRCTC Ltd Price Target Details
We have done a complete analysis of IRCTC Ltd and have come up with its share price targets for upcoming years.
Note: These price targets of “IRCTC Ltd” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
Year | IRCTC Ltd Share Price Targets (₹) |
---|---|
2023 | 900 |
2024 | 1400 |
2025 | 1900 |
2026 | 2500 |
2027 | 2800 |
2028 | 3400 |
2029 | 4500 |
2030 | 5300 |
IRCTC Ltd share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of IRCTC Ltd we found,
The target share price of IRCTC Ltd for the year 2023 will be ₹900
IRCTC Ltd share price target 2024
The target share price of IRCTC Ltd for the year 2024 will be ₹1400
IRCTC Ltd share price target 2025
The target share price of IRCTC Ltd for the year 2025 will be ₹1900
IRCTC Ltd share price target 2026
The target price of IRCTC Ltd for the year 2027 will be ₹2500
IRCTC Ltd share price target 2027 to 2030
The target share price of IRCTC Ltd for the years 2027, 2028, 2029, and 2030 will be ₹2800, ₹3400, ₹4500, and ₹5300 respectively.