nilakshgupta

IRCTC - 82% RETURNS!!!

Long
nilakshgupta Updated   
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
BUY - IRCTC
CMP - Rs. 610
Target - 1: Rs. 720
Target - 2: Rs. 910
Target - 3: Rs. 1120
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Technicals -
1) Bullish Flag Breakout
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Fundamentals -
1) IRCTC operates through five segments: Catering, Railneer, Tourism & Train Operation, State Teertha, and Internet Ticketing. It offers mobile catering services and other catering services, tourism products and services, and packaged drinking water under the Rail Neer name. Additionally, it offers train ticket booking and travel insurance services, as well as operates irctctourism.com, a tourism portal.

2) IRCTC's financial track record, the company is of good quality with a fair valuation.

3) The company's current market capitalization is ₹48,288 Cr., with a 52-week high of ₹777.7 and a 52-week low of ₹557.

4) The latest PE ratio of IRCTC is 51.32 and the latest PB ratio is 19.37. The company's TTM revenue/sales are ₹3,267 cr.
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This is just a view, please trade at your own risk.
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Comment:
The long move is on, can expect great returns in the future
Comment:
Target - 1 achieved, move is on for Target - 2
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