Friends, welcome to today’s fantastic article. Today, we will study in front of you the stock target statistics of a business that is a subsidiary of Indian Railways.
We will attempt to explain the IRCTC Share Price Target statistics in today’s post for the years 2023, 2024, 2025, 2026, 2027, 2030, 2035, and 2040.
If you are interested in the stock market, this article will be very valuable to you because it will cover both the company’s current share objective and its historical business model. When you first provide information on the IRCTC Company.
IRCTC Share Price Targets Overview
IRCTC was founded in 1991 as a division of Indian Railways and is a Mini Ratna Company of the Government of India.
This company’s original goal was to offer excellent catering and hospitality services, particularly to train passengers, but its reach has since been substantially increased.
Aside from catering and hospitality, this organization is currently expanding its business into industries including packaged drinking water, travel and tourism, and online ticketing.
IRCTC went public in 2019, with a share price of 320 at the time. Since that time, the company has consistently provided investors with positive profits.
Currently, the price of one share of this company is ₹729.50. Today’s growth in this company’s per share was ₹10.05, representing a gain of 1.43%.
IRCTC began operating its first train on October 4, 2019, and it was called Tejas. As of right now, this company runs more over 250 trains. Only IRCTC has been allowed authorization to offer both online catering and online rail ticketing
Let’s look at the Indian Railway Catering and Tourism Corporation’s share price targets now that we have a general understanding of the company.
IRCTC Share Price Target 2023
The company’s initial focus was exclusively on catering and hospitality, but it is currently diversifying into new markets like tour and travel, packaged drinking water, and online ticketing.
The company is working harder in all of these areas to succeed, and the management of the company is supporting the company well. The company has also made wise investments in these fields.
If the business succeeds in each of these areas as well, you’ll notice a dramatic increase in its stock price and revenue.
If we research IRCTC’s share price objective for 2023, we can hold the first share target at ₹750 and the second share target at ₹765.
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IRCTC Share Price Target 2024
In addition to being a government-owned business, IRCTC also operates as a railway subsidiary and offers essential services at various Indian railway stations.
Due to the company’s monopoly in the industry and the fact that catering accounts for a sizable amount of its overall earnings, it continuously focuses on expanding its business.
However, the Corona pandemic in 2020 and 2021 caused a modest fall in the company’s stock, which happened to every organization.
If you examine its 2023 financial data, its first and second share targets might be ₹785 and ₹810, respectively.
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IRCTC Share Price Target 2025
The subsidiary firm of Indian Railways is attempting to expand its operations into new markets because the company now enjoys a monopoly, and as a result, its current market value is approximately ₹58,444 Crore.
As a result of the government’s recent announcement to invest in railway infrastructure, the market value of the company is expected to rise in the near future.
The IRCTC corporation will benefit the most from this as it has also introduced the ability for online ticketing through an app and website.
You can retain the first share objective at ₹840 and the second share target at ₹880 if you study this company until the year 2025.
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IRCTC Share Price Target 2026
This company is already active in the online rail ticketing market, and it has recently begun offering an air ticketing service.
IRCTC also created an air ticketing service, which ranks among Google’s top websites in terms of transaction volume.
This website currently sees ₹2.5 crore in monthly online transactions; this number is expected to rise significantly by 2026.
By 2026, it may be between ₹920 and ₹960 in front of you if we move forward and learn about this company’s stock target.
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IRCTC Share Price Target 2027
India is primarily a rural country, and there are numerous railway stations there where Indian Railways does not yet have service.
IRCTC is always striving toward its goal of offering better amenities to rail travellers at similar stations in the future.
You will see a significant increase in the company’s sales as it continues to operate in this industry.
Its first objective can be ₹1010, and its second target can be ₹1070 if you intend to hold onto your shares of this firm until 2027.
IRCTC Share Price Target 2030
IRCTC also creates a variety of tour packages for passengers on Indian trains, and these tour packages include upscale amenities.
The best illustration of this is TEJAS, the first private train launched by Indian Railways and run by IRCTC.
In order to provide Indians with the same amenities in trains as they do on planes, the Indian government has plans to launch similar private trains in the future.
If this is feasible, IRCTC will be the sole owner of private trains, which will have a significant positive impact on the company’s operations, share price objective, and market capitalization.
The initial share objective for this firm is ₹1270, while the second share target is ₹1370, as shown in IRCTC Share Price Target 2030.
IRCTC Share Price Target 2035
IRCTC operates as a market leader in the catering service, online ticketing, and tour packages industries.
The majority of the company’s revenue, or around 55% of it, comes from its catering operation. It also makes 12.3% of its revenue from online ticket sales, which are growing at a rate of 13% annually.
The company’s trip package industry accounts for 35% of its overall revenue. You can see that the company is growing steadily upward if you carefully examine its performance over the last five years up until this point.
This business might provide you with very good income by 2035. Target Price for IRCTC Shares You may hold its share targets at ₹1790 and ₹1900 in 2035.
IRCTC Share Price Target 2040
Railway Neer (Drinking Water) machines can be seen at railway stations.
IRCTC has launched the Railway Neer company with the goal of giving Indian Railways passengers access to cool, clean water.
In the near future, you will notice the Railway Neer facility at stations where train passengers do not have access to cold water.
IRCTC is identifying these train stations for this purpose and installing cold water dispensers there. The company is also making excellent investments in this sector.
Holding this company’s shares can be advantageous for you since its net profit is expected to increase significantly by 2040.
IRCTC Share Price Target until 2040 Our team will analyze the information on its Share Targets, which total ₹2500 and ₹2800.
IRCTC Share Price Targets 2023-2040
| Year | Targets I | Targets II |
| 2023 | ₹750 | ₹765 |
| 2024 | ₹785 | ₹810 |
| 2025 | ₹840 | ₹880 |
| 2026 | ₹920 | ₹960 |
| 2027 | ₹1010 | ₹1070 |
| 2030 | ₹1270 | ₹1370 |
| 2035 | ₹1790 | ₹1900 |
| 2040 | ₹2500 | ₹2800 |
Future Price Targets for IRCTC Shares
If we look to the future, IRCTC appears to be the largest company in the tourism industry.
The company is currently Monopoly, currently generates revenue in four distinct ways. As a result, it is continuously looking for new ways to grow its business model, which looks well for the company’s future.
If you stay onto the company’s shares for a long time, it might be quite advantageous for you in the future and provide you with very significant profits.
Risk Factors for IRCTC
Since the Government of India is currently supporting IRCTC in addition to Indian Railways, there is not much risk in the company at this time.
There may be considerable risk to the company if the Government of India changes the regulations regarding online ticketing, tour packages, etc. in the future.
Our Recommendation
You can hold IRCTC’s shares for a very long time because analysis of historical data demonstrates that the company consistently generates profits for its owners.
If you are new to the stock market and you don’t know much about the share price of IRCTC, you can start off by investing less money.
