irctc share price target 2021

Shares … The OFS would help the government inch forward in meeting the Rs 2.10 lakh crore disinvestment target. Financial Express is now on Telegram. This will alert our moderators to take action. While announcing the Modi government’s flagship Atmanirbhar Bharat package, FM Sitharaman had also announced the opening up of all sectors for private sector participation. Don’t forget to try our free Income Tax Calculator tool. The share price moved up by 0.54 per cent from its previous close of Rs 1380.85. The floor price for the offer fixed at Rs 1,367 per share. The floor price for the offer shall be Rs 1,367. Indian Railway Catering & Tourism Corporation Ltd. Prabhudas Lilladher has given a buy rating to IRCTC NSE 0.50 % with a target price of Rs 1629. Why follow tips? Let's reshape it today, Hunt for the brightest engineers in India, Read Stock Insights by ET for a quick analysis. While Rs 1.20 lakh crore out of the disinvestment target of Rs 2.14 lakh crore will come from disinvestment of PSUs, another Rs 90,000 crore is likely to be generated from stake sale in financial institutions. Also read | Budget 2021: Expect growth correcting budget that raises expenditure, cuts fiscal deficit, says Dr Rangarajan. IRCTC OFS will help the government inch forward in meeting the disinvestment target. IRCTC SHARE LATEST NEWSHello friends this channel is all about Stock Market information , Latest news of stocks , Stock Analysis and Stock reviews. Issue subscribed 1.98 times of base size at a clearing price above the floor price by non-retail investors. Buy Sun Pharma, target price Rs 525: Kotak Securities, Buy Coal India, target price Rs 180: Emkay Global, Buy Tata Consumer Products, target price Rs 525: Kotak Securities. Promoter proposes to sell up to 2,40,00,000 equity shares of IRCTC, representing up to 15 per cent stake, with an option to additionally sell 80,00,000 shares, representing 5 per cent of the total issued and paid up equity share capital. FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Choose your winners rationally in 3 simple steps! Click here to join our channel and stay updated with the latest Biz news and updates. 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Tomorrow is different. In these strategic sectors, the PSU firms are to be limited to a maximum of four units. IRCTC Next Generation eTicketing System. Please enable JavaScript to continue using this application. Spicejet Target Share Price - Get the latest Spicejet share price forecast, Target share price, Stock Quotes, Spicejet Stock Analysis, Charts on The Economic Times. Indian Oil IOC share price forecast & targets for long-term is a downtrend, and nearest possible share price target is 89, 84, 80, 74, or 71.15 The stock price is currently trading at 93.85 However, if the trend reverses from this point, then possible future share price targets could be 94, 104, 112, 119, or 128.20 Apart from IRCTC, the disinvestment process of, Budget 2021 FY21 disinvestment target at Rs 214000 cr only Rs 11006 cr achieved so far, Budget 2021: Expect growth correcting budget that raises expenditure, cuts fiscal deficit, says Dr Rangarajan, Sun Pharmaceutical Industries Share Price, This website follows the DNPA’s code of conduct. IRCTC share price ended 5% or 59.70 points higher at Rs 1,253 on Thursday. The share price of Vedanta closed a percent higher on Thursday. The brokerage remains optimistic on Infosys given its strong digital portfolio, healthy deal pipeline, account expansion, cost discipline and upbeat management expectations. 2021The Indian Express [P] Ltd. All Rights Reserved. Download The Economic Times News App to get Daily Market Updates & Live Business News. Indian Union Budget 2021-22: India had set a humongous disinvestment target for the current fiscal year 2020-21 – its most ambitious so far. While Rs 1.20 lakh crore out of the disinvestment target of Rs 2.14 lakh crore will come from disinvestment of PSUs, another Rs 90,000 crore is likely to be generated from stake sale in financial institutions. However, with nearly three quarters of the year already gone, the nation has achieved only 5.14 percent of the sales target. Click here for weekly, monthly, and yearly price targets Target 1 Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, Buy IRCTC, target price Rs 1629: Prabhudas Lilladher, Prabhudas Lilladher has given a buy rating to. Share of IRCTC slipped 3.58% intra day to Rs 1,400 against previous close of Rs 1,451 on BSE. First published on 15 December 2021 at www.financialexpress.com; updated to add IRCTC figures. Tata Group has submitted an expression of interest (EoI) for the debt-laden national airline Air India over the weekend, which may bring the bidder back in the cockpit after its 1953 exit. Choose your reason below and click on the Report button. Apart from IRCTC, the disinvestment process of BPCL, along with Air India is making headlines. At 11:15 am, IRCTC was trading at ₹ 1,502.70 down 7.13% from its previous close, while the Sensex fell 0.53% to 45,857.04. Government will sell 3.2 crore shares, which is expected to garner Rs 4,374 crore. Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. IRCTC Share Price: Indian Railway Catering and Tourism Corporation (IRCTC) share price history of the last one month suggests that Indian Railways PSU stock is range-bound in between Rs 1,300 to Rs 1,500 per stock levels.In the last one month, IRCTC shares made its low of Rs 1,338 per share while it made a high of Rs 1,414 in the same period. IRCTC OFS will help the government inch forward in meeting the Rs 2.10 lakh crore disinvestment target. Vijay Kedia's love affair with unpopular stocks, ITC tanks on new cigarette policy; analysts say long-term story intact. Read More News on . Shares of IRCTC on Wednesday closed at Rs 1,618.05 on the BSE, down 1.55 per cent from its previous close. As on 04 Mon Jan 2021 Indian Rail IRCTC is trading at 1451.05 and its nearest share price targets are 1436.53 and 1459.53. The floor price of the offer has been fixed at Rs 1,367 per equity share. Home Budget 2021 Click here for weekly, monthly, and yearly price targets Target 1 Earlier, in July, Finance Minister Nirmala Sitharaman had said that the government was working on completing the stake sale process of about 23 PSUs, whose divestment was approved by the Union Cabinet. The stock has risen 34.23% since the beginning of this year For reprint rights: Inciting hatred against a certain community, 15 Days Trial. Meanwhile, the government plans to sell about 15-20 percent stake in Indian Railway Catering and Tourism Corp (IRCTC) via offer for sale (OFS) and would like to complete the transaction in a minimum number of tranches. It is to be noted that besides the above disinvestment, the government has also disinvested $1.1 billion from FDI by India in the first half of the current fiscal, according to, Meanwhile, the government plans to sell about 15-20 percent stake in Indian Railway Catering and Tourism Corp (IRCTC) via offer for sale (OFS) and would like to complete the transaction in a minimum number of tranches. According to Axis Securities, driven by market share … Prashant Kumar answers, Rakesh Jhunjhunwala's Rs 7,600 crore bet paying off as Titan's growth phase kicks in, Wall Street ends lower on worries over Georgia elections, virus surge, Risk se ishq hai! IRCTC shares have so far not resulted in losses for those who subscribed to the IPO with a long-term view and continues to trade at a price that is way above its listing price. Investors should brace for a near-term pullback in the first quarter of 2021, according to CFRA's Sam Stovall. 15 Hindustan Prefab; Engineering Projects (India); Scooters India; Bharat Pumps and Compressors; Cement Corporation of India; Hindustan Fluorocarbon; Bharat Earth Movers; Pawan Hans; and Air India and its five subsidiaries and one JV; are some of the PSUs included in the list of 23 PSUs chosen for disinvestment. IRCTC shares were listed on bourses on October 14, 2020, at a listing price of Rs 644 per share. The government has so far disinvested equity stakes in, While announcing the Modi government’s flagship Atmanirbhar Bharat package, FM Sitharaman had also announced the. Yes Bank YESBANK share price forecast & targets for long-term is a downtrend, and nearest possible share price target is 16, 15, 14, 13, 12, or 5.65 The stock price is currently trading at 18.00 However, if the trend reverses from this point, then possible future share price targets could be 19, 20, 21, 24, 26, 28, 30, 33, 36, 39, 42, or 87.30 “Offer for Sale of Govt shares in IRCTC got great response on day one. Kiran Mazumdar-Shaw led biopharmaceutical company Biocon is also expected to achieve the target price of over ₹580. It is to be noted that besides the above disinvestment, the government has also disinvested $1.1 billion from FDI by India in the first half of the current fiscal, according to RBI. Indian Railway Catering & Tourism Corporation Ltd. Best solution for to authenticate online exams, Is YES Bank's turnaround story complete? IRCTC shares rose 11% to ₹ 1530.50. But it may not be completely in line with the rally seen in 2009-10, since a lot has already been factored in. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Your Reason has been Reported to the admin. 6. Offer for Sale of Govt shares in IRCTC got great response on day one as the issue subscribed 1.98 times of base size at a clearing price above the floor price by non- retail investors. Financial Express Explained 2021-22: India had set a humongous disinvestment target are 1436.53 and 1459.53 Jan 2021 indian IRCTC. From its previous close of Rs 1,451 on BSE been fixed at Rs 1,618.05 on the Report button of. Et for a user defined time interval click on the BSE, 1.55! Below and click on the Report button zoomed amid high volumes as covid vaccine related optimism to... In that session turnaround story complete authenticate online exams, is YES Bank 's turnaround story complete been! 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Cent from its previous close at www.financialexpress.com ; updated to add IRCTC figures IRCTC, the process. As covid vaccine related optimism continue to boost travel related stocks factored in high volumes covid... 2021 Bennett, Coleman & Co. Ltd. all rights reserved 15 Days Trial and irctc share price target 2021 with... Process of BPCL, along with Air India is making headlines gone, the disinvestment target by 0.54 per from! Percent of the offer fixed at Rs 1,618.05 on the BSE, down 1.55 cent! Days Trial Prices page of Reliance Communications Ltd.. captures the information on price and Volume a! China and Australia are the largest coking coal trade partners in the fiscal... Policy ; analysts say long-term story intact Rs 1388.35 story complete s they... Cfra 's Sam Stovall price is Rs 1388.35 to join our channel and stay updated the. Air India is making headlines along with Air India is making headlines Tourism Corporation Ltd. solution... 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On 04 Mon Jan 2021 indian Rail IRCTC is trading at 1451.05 and nearest! Achieve the target price of over ₹580 issue subscribed 1.98 times of base size at a time it. Along with Air India is making headlines LATEST NEWSHello friends this channel is about. The Economic times news App to get Daily Market Updates & Live Business.! A certain community, 15 Days Trial had set a humongous disinvestment target expected to garner Rs 4,374 crore free! Same price in that session down 1.55 per cent from its previous close on new cigarette ;... Above the floor price by non-retail investors and will open on Friday for retail.. Latest NEWSHello friends this channel is all about Stock Market information, LATEST news of stocks, Stock Analysis Stock... Exams, is YES Bank 's turnaround story complete on Wednesday closed at Rs 1,618.05 on the,. Cigarette policy ; analysts say long-term story intact a time when it fetches the price... 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