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Indian Railway Catering & Tourism Corp. Ltd.Indian Railway Catering & Tourism Corp. Ltd.Indian Railway Catering & Tourism Corp. Ltd.

Indian Railway Catering & Tourism Corp. Ltd.

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IRCTC trade ideas

Resistance breakout and retest Growth Factor: a) Investment in railways is increased by 27.5 % in the Union Budget of 22-23 b) 400 plus Vande Bharat trains to be introduced in coming years c) Growth prospects in tourism and travel sector including religious and pilgrimage tourism d) Digitalization of payment system Important Developments a) Company is planning to build a chain of hotels. 3 budget hotels are under construction in Lucknow, Khajuraho, and Kevadia b) Company is entering into an e-marketplace with services like bill payment, recharges, and other third-party services like online insurance purchases, etc. in partnership with brands like Amazon, Flipkart, HDFC Life, etc. c) Diversification of IRCTC as a Fintech company through company’s online payment gateway iPay d) Plans to enter into segments like Helicopter Travel, medical tourism, etc. e) Plans to expand Non-Rail based tourism viz. corporate travel business, cruise, river packages, air tickets etc. only for educational purpose not for sugesstion.
NSE:IRCTCLong
by chauhanucb