IRCTC, or Indian Railway Catering and Tourism Corporation, is a subsidiary of Indian Railways that handles the catering, tourism, and online ticketing operations of the Indian Railways. It is responsible for ticket reservations, train bookings, and catering services on Indian trains. With its user-friendly website and mobile app, IRCTC has made booking train tickets convenient and accessible for millions of people in India. It has revolutionized the way people travel by train in the country.
History Of Irctc
IRCTC, also known as Indian Railway Catering and Tourism Corporation, is the online ticketing and catering service provider for the Indian Railways. Established on September 27, 1999, it was initially set up as a subsidiary of Indian Railways. Over the years, IRCTC has become the largest e-commerce company in India, with a turnover of around INR 2,100 crores (approximately USD 285 million) in the financial year 2019-2020. It has revolutionized the way people book train tickets and offers a range of services to enhance the travel experience.
Irctc Share Price Target 2025
In conclusion, IRCTC has emerged as a game-changer in the Indian railway industry. By providing a seamless ticket booking experience and convenient catering services, it has transformed the way people travel by train in the country. The user-friendly website and mobile app have made ticket reservations accessible to millions of people, contributing to the growth and development of the Indian Railways. With IRCTC’s efficient operations, traveling by train has become more convenient than ever before.
Q1: What is the current share price of IRCTC?
A1: As the share prices tend to fluctuate frequently, it is recommended to check the stock market or financial websites for the most up-to-date IRCTC share price.
Q2: How are IRCTC share prices determined?
A2: IRCTC share prices are determined by various factors, including market demand and supply, company performance, industry trends, and investors’ sentiment.
Q3: Is it a good time to invest in IRCTC shares?
A3: Determining the right time to invest in any stock requires thorough research and analysis. It is advisable to consult a financial advisor or analyze the company’s financials, future projections, and market conditions before making an investment decision.
Q4: What factors can influence IRCTC share prices?
A4: IRCTC share prices can be influenced by a wide range of factors, such as government policies, changes in rail industry regulations, financial performance, competition, economic conditions, and investor sentiment towards the company.
Q5: Why do IRCTC share prices fluctuate?
A5: Share prices of any company, including IRCTC, fluctuate due to various reasons, such as market volatility, news regarding the company or industry, changes in economic conditions, geopolitical events, and investor behavior.
Q6: How can I track the historical performance of IRCTC shares?
A6: You can track the historical performance of IRCTC shares by accessing financial websites, stock market terminals, or by using mobile applications that provide stock market data. These platforms display historical charts and data that can assist in analyzing the stock’s performance over time.