IRCTC Rises to ₹765.25 with 0.61% Upside as PSU Railway Stocks Show Renewed Strength

Key Highlights:

Indian Railway Catering and Tourism Corporation (IRCTC) climbed by ₹4.65 or 0.61% on April 17, closing the session at ₹765.25. The positive sentiment around PSU stocks, especially those linked to transport, railways, and tourism, supported the upward move as markets anticipate earnings optimism and summer travel-driven demand.

Intraday Price Movement

• Open: ₹759.00
• High: ₹766.60
• Low: ₹755.00
• Close: ₹765.25
• Previous Close: ₹760.60

IRCTC saw strong buying in the late morning session, crossing the ₹765 mark and briefly touching an intraday high of ₹766.60 before stabilizing near closing.

Fundamentals & Valuation

• Market Cap: ₹61,230 crore
• P/E Ratio: 49.35
• Dividend Yield: 1.18%
• 52-Week High: ₹1,138.90
• 52-Week Low: ₹656.00

Despite trading far below its 52-week high, the premium valuation (P/E 49.35) reflects investor confidence in IRCTC’s monopoly position and strong earnings consistency across catering, ticketing, and tourism verticals.

Why Did IRCTC Rise Today?

Key factors driving the stock’s upward momentum:

• Strong demand ahead of summer travel season, boosting expectations from tourism revenue.
• Renewed buying in PSU railway and infra stocks, including IRCTC, RVNL, and IRFC.
• Anticipation of positive Q4 results, especially on margins and ticketing volumes.
• Long-term investors favoring high-mobility, cash-generative PSU companies.

Technical View: ₹765 Breach Could Open ₹775 Upside

• ₹765 is both a psychological and technical resistance.
• Next target sits at ₹775–₹780 if volumes support the breakout.
• ₹755 acts as a crucial near-term support zone.
• Trend remains bullish-neutral, with RSI showing steady recovery from oversold zone.

What This Means for You

For traders:

• IRCTC is now approaching a breakout zone.
• Entry above ₹766 with stop-loss near ₹755 may offer swing trade opportunity.

For investors:

• Despite premium valuation, IRCTC’s debt-free balance sheet and monopoly model provide long-term stability.
• Ideal for SIP-style accumulation in government-backed tourism & rail infrastructure space.

How to Take Action

• Track Q4 results and commentary on:
  • Online ticketing volumes
  • Catering recovery
  • Tourism bookings (Bharat Gaurav trains, deluxe packages)
• Monitor policy announcements related to railway privatization and digital rail services.
• Benchmark IRCTC’s stock against RVNL, IRFC, and RailTel for PSU railway exposure.

Who Will Be Affected

• Retail investors seeking stable government-backed PSU stocks.
• Mutual funds and ETFs tracking railway or infra indices.
• Momentum traders looking for safe entry above ₹766.

IRCTC Share Price at ₹765.25 – PSU Tourism Stocks Regain Upward Momentum

The IRCTC share price closed higher by 0.61% on April 17, with strong backing from institutional and retail interest. As seasonal travel demand picks up and PSU stocks regain attention, IRCTC appears well-positioned for an extended uptrend—especially if Q4 results align with bullish expectations.

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