IRCTC Stock Price Today on 07-11-2024: Today at 07 Nov 11:02 am IRCTC shares are trading at ₹848.4, -1.02% lower than the previous closing price. Sensex is trading at ₹79646.61, a decrease of -0.91%. The stock has reached a high of ₹856.9 and a low of ₹845.05 during the day.
On a technical level, the stock is trading above its SMA of 5.10 days and below its SMA of 20.50,100,300 days. The stock will have support at 5.10 days SMA and resistance at 20.50,100,300 days SMA
The SMA values for the stock are given below:
The classic pivot level analysis shows that the stock has important resistances on a daily time frame ₹869.77, ₹881.53, & ₹899.77, while it has major support levels of ₹839.77, ₹821.53, & ₹809.77.
Till 11:00 am today, the traded volume on NSE & BSE for IRCTC was -53.27% lower than the previous trading session. The traded volume, together with the price, is an important indicator for studying trends. A positive price movement on higher volume indicates a sustained upward movement, and a negative price movement on higher volume may indicate a further price decline.
According to Mint’s technical analysis, overall, while the stock shows preliminary indications of a trend reversal following a significant downtrend, continued monitoring is advised.
From a fundamental analysis perspective, the company has an ROE of 38.93% and a ROA of 19.88%, respectively. The stock’s current price/earnings is 57.16 and its price/earnings ratio is 19.47.
The average forecast upside for this stock over a one-year period is 2.52% with a price target of ₹827.00.
The company has 0.00% promoter stake, 10.08% MF stake and 7.54% FII stake as per September quarter filings.
The MF stake has increased from 9.60% in June to 10.08% in the September quarter.
The FII stake has fallen to 7.54% in the September quarter from 7.78% in June.
IRCTC stock price down -1.02% to trade today ₹848.4 while its peers are mixed. Competitors like Easy Trip Planners are on the decline today, but competitors Thomas Cook India, Kaya and International Travel House are on the rise. Overall, the benchmark indices Nifty and Sensex have fallen -1.11% and -0.91% each, respectively.
