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Business / Sat, 25 May 2024 ET Now

IRCTC share price target 2024: Stock UP 5% ahead of Q4 results & dividend, Time to buy?

IRCTC share price target 2024Fisdom Research has recommended buy for IRCTC stocks at Rs 1,100 apiece. IRCTC share price The IRCTC stock opened at Rs 1,122.70 apiece, Friday, May 24, against the previous day close at Rs 1,121.70 apiece. IRCTC dividend history IRCTC declared interim dividend of Rs 2.50 per share in November 2023. In 2022, it announced final dividend of Rs 1.50 per share and interim dividend of Rs 2 per share. IRCTC share price history IRCTC stocks have appreciated consistently.

Authored by : Varun Yadav Updated May 25, 2024 | 08:39 PM IST Photo : ET Now Digital IRCTC to hold board meeting on May 28, 2024.

The Indian Railway Catering and Tourism Corporation ( IRCTC ) has announced that it will hold the board meeting next week to consider and approve the financial results for the quarter and year ended March 31, 2024 and final dividend. Ahead of Q4 FY24 results, the stocks of IRCTC jumped 5% to stand at Rs 1,108.95 apiece on BSE.

IRCTC Q4 2024 results date and time IRCTC announced that meeting of the Board of Directors is scheduled to be held on Tuesday, May 28, 2024, for quarterly results and final dividend.

IRCTC share price target 2024Fisdom Research has recommended buy for IRCTC stocks at Rs 1,100 apiece. Moreover, Religare also recommended 'buy' at the CMP of Rs 1,100 apiece. Note that the current market price of IRCTC stands at Rs 1,108 on BSE.

IRCTC share price The IRCTC stock opened at Rs 1,122.70 apiece, Friday, May 24, against the previous day close at Rs 1,121.70 apiece. The scrip touched a high of Rs 1,124.65 apiece and a low of Rs 1,107 apiece.

IRCTC market cap According the BSE analysis, IRCTC has a market cap of Rs 88,716 crore. The stock has a face value of Rs 2 each.

IRCTC dividend history IRCTC declared interim dividend of Rs 2.50 per share in November 2023. Earlier, it announced final dividend of Rs 2 per share in September 2023. In 2022, it announced final dividend of Rs 1.50 per share and interim dividend of Rs 2 per share.

IRCTC share price history IRCTC stocks have appreciated consistently. The return of IRCTC stocks stands around 14.96% in past three months. The one- and three-year return stood at 79.18% and 194.30%.

About IRCTC The Indian Railway Catering and Tourism Corporation (IRCTC) is a public sector undertaking in India that offers ticketing, catering, and tourism services for Indian Railways. Established in 1999 by the Government of India, IRCTC operates under the administrative control of the Ministry of Railways.

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