IRCTC Share Price Today on
On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹888.15, ₹903.75, & ₹913.8, whereas it has key support levels at ₹862.5, ₹852.45, & ₹836.85.
Till 4 PM today, the volume traded on NSE & BSE for IRCTC was 47.01% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 38.93%
The median 1-year forecasted upside in this share is at 4.21% with a target price of ₹836.00.
The company has a 62.40% promoter holding, 9.60% MF holding, & 7.78% FII holding as per filings in the june quarter.
The FII holding has decreased from 8.08% in march to 7.78% in the june quarter.
IRCTC share price down -1.58% today to trade at ₹872.75 while its peers are mixed. Its peers such as Thomas Cook India, International Travel House are falling today, but its peers Easy Trip Planners, Kaya are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.93% & -0.98% each respectively.
