is irctc share good to buy

The fundamentals are still strong but there is valuation concern after a steep run and there was a clear speculative move as it was easy to make money for the traders every day. So, we are seeing a technical correction and may head towards 20-DMA ((Daily Moving Average) which may coincide with Rs 4,500 level,” said Santosh Meena, Head of Research, Swastika Investmart

irctc share price

The OFS will see the government offload 2 crore shares of the Indian Railways' ticketing arm at an offer price of Rs 680 per share, the company said in an exchange filing on Wednesday. The OFS will open on Dec. 15 for non-retail investors and on Dec. 16 for retail investors. Non-retail investors who placed their bids on the first day and chose to carry them forward to the second day would be

Should I buy IRCTC after the split?

The answer is no. You should not buy JUST because the shares have been split. Even though the price is lower, the shares are not cheaper. The fundamentals of the company are the same as it was before the split.

Should I sell IRCTC after the split?

Again, the answer is no. If you have done your analysis, then share split makes no difference to you. If you bought the shares just because you expected the price to rise after the split, then you should sell it. The information given in this article is for investors only – not traders (intraday, positional etc)

As the day progressed, there was huge demand to buy shares of IRCTC. So the price increased and closed at ₹ 913 per share. A big gain, but there is news today that Government will be taking 50% share of the convenience fee which IRCTC charges on their ticket booking website. This will have a significant impact on the business and the shares of the company should fall.