IRCTC Share Price Today on 22-11-2024: IRCTC share price are up by 1.57%, Nifty up by 1.3% | Stock Market News


IRCTC Share Price Today on 22-11-2024: At 22 Nov 12:49 today, IRCTC shares are trading at price 806.45, 1.57% up from the previous closing price. Sensex is trading at 78164.57, up by 1.31%. The stock has hit a high of 807.1 and a low of 790.9 during the day.

On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA

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 803.47, 811.53, & 821.77, whereas it has key support levels at 785.17, 774.93, & 766.87.

Till 12 AM today, the volume traded on NSE & BSE for IRCTC was -62.79% lower 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% & ROA of 19.88% respectively.The current P/E of the stock is at 52.93 & P/B is at 18.03.

The median 1-year forecasted upside in this share is at 2.55% with a target price of 827.00.

The company has a 0.00% promoter holding, 3.56% MF holding, & 7.54% FII holding as per filings in the september quarter.

The MF holding has decreased from 3.91% in june to 3.56% in the september quarter.

The FII holding has decreased from 7.78% in june to 7.54% in the september quarter.

IRCTC share price up 1.57% today to trade at 806.45 while its peers are mixed. Its peers such as Thomas Cook India are falling today, but its peers Easy Trip Planners, International Travel House, Kaya are on the rise. Overall, benchmark indices Nifty & Sensex are up 1.3% & 1.31% each respectively.



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