IRCTC Share Price Today on 06-11-2024: At 06 Nov 16:02 today, IRCTC shares are trading at price ₹857.1, 3.38% up from the previous closing price. Sensex is trading at ₹80378.13, up by 1.13%. The stock has hit a high of ₹862.9 and a low of ₹832.2 during the day.
On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 827.74 |
10 | 830.15 |
20 | 855.51 |
50 | 896.23 |
100 | 941.63 |
300 | 961.24 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹869.77, ₹881.53, & ₹899.77, whereas it has key support levels at ₹839.77, ₹821.53, & ₹809.77.
Till 4 PM today, the volume traded on NSE & BSE for IRCTC was 109.30% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 38.93% & ROA of 19.88% respectively.The current P/E of the stock is at 55.28 & P/B is at 18.83.
The median 1-year forecasted upside in this share is at 3.98% with a target price of ₹823.00.
The company has a 0.00% promoter holding, 10.08% MF holding, & 7.54% FII holding as per filings in the september quarter.
The MF holding has increased from 9.60% in june to 10.08% in the september quarter.
The FII holding has decreased from 7.78% in june to 7.54% in the september quarter.
IRCTC share price has gained 3.38% today to trade at ₹857.1 in resonance with its peers. Its peers such as
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