IRCTC Share Edges Up 0.17% to ₹753.15, Railway Stock Maintains Positive Trend
IRCTC share price showed mild gains on April 28, rising to ₹753.15 amid stable investor sentiment in PSU rail stocks.
Key Highlights:
IRCTC Share Price Trades at ₹753.15, Up 0.17% in Early Market Action
IRCTC share price edged higher by ₹1.25 or 0.17% in early trade on April 28, reaching ₹753.15 on the NSE. The slight gain reflects consistent buying interest in railway-linked PSU stocks amid infrastructure push and capex momentum.
IRCTC Stock Metrics
- Previous Close: ₹751.90
- Opening Price: ₹750.00
- Day’s High/Low: ₹754.30 / ₹749.60
- Market Cap: ₹60,340 crore
- P/E Ratio: 64.33
The stock continues to benefit from the Indian Railways’ expansion focus and rising travel demand, maintaining steady interest among institutional and retail investors.
Rail Capex and Infra Themes Keep IRCTC in Focus
Recent Union Budget announcements and ongoing railway modernization initiatives have played a key role in sustaining IRCTC’s market strength. The company remains the primary online ticketing and tourism services arm of Indian Railways, giving it a strategic monopoly in several segments.
Additionally, increased tourism and online travel activity have also boosted service revenues post-pandemic.
Broker Views and Market Outlook
- Motilal Oswal maintains “Buy” with target of ₹780, citing long-term demand resilience
- ICICI Securities highlights IRCTC’s stable earnings and high return ratios
- Axis Direct recommends accumulation in the ₹740–₹750 band for positional traders
What This Means for You
For investors seeking exposure to infrastructure and public sector consumption themes, IRCTC remains a dependable pick. The steady uptrend supports a “buy on dips” strategy, especially ahead of Q4 earnings.
What Lies Ahead
IRCTC is expected to report Q4 FY25 results in early May, with investors looking for clarity on revenue per passenger, catering business recovery, and new tourism packages. Any positive outlook from the management could reinforce bullish sentiment in the ₹750–₹780 trading range.
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