IRCTC stock has shown resilience at key support levels. With the recent market correction, it may present a potential entry point for long-term investors. Some analysts project the stock could reach ₹1430 in the coming year, representing a significant potential upside.
Fundamental factors to consider for IRCTC stock:
Business model: IRCTC has a monopoly on online railway ticketing in India and also operates in catering, tourism, and packaged drinking water segments.