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IRCTC Shares to Hit ₹560? Experts Bullish on Railway Stock Amidst Market Fluctuations.
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News18•23-09-2026, 00:06
IRCTC Shares to Hit ₹560? Experts Bullish on Railway Stock Amidst Market Fluctuations.
- •Choice Institutional Equities has given a 'BUY' rating to IRCTC shares with a target price of ₹560, indicating a 20% upside.
- •The brokerage firm estimates IRCTC shares could jump by up to 20 percent from current levels, advising investors to bet on this stock.
- •IRCTC is developing an integrated super app for end-to-end booking of flight, hotel, bus, catering, and holiday tour packages on a single platform alongside rail tickets.
- •IRCTC's balance sheet is gaining strong operating leverage from railway modernization, with premium AC category share in total reserved ticketing exceeding 51%.
- •Vande Bharat trains are projected to reach around 800 by 2030 and 4,500 by 2047, boosting high-margin ticketing and on-board catering.
Key Questions Answered
Choice Institutional Equities has assigned a 'BUY' rating to IRCTC shares with a target price of ₹560, which indicates a potential upside of 20% from current trading levels.
IRCTC is developing an integrated super app to offer end-to-end booking for flights, hotels, buses, catering, and holiday tours alongside rail tickets on a single platform. This cross-selling model is expected to accelerate non-ticketing revenue multi-fold.
The brokerage report estimates that the number of Vande Bharat trains running across the country will reach approximately 800 by 2030 and expand to 4,500 by 2047. This network expansion is projected to significantly drive high-margin ticketing as well as on-board catering revenue.
