However, post stock market peak made on 18th October 2021, IRCTC shares lost more than 30 per cent making an ideal buy on dips position for long-term investors. However, they advised positional investors to buy IRCTC shares at current levels for immediate target of up to ₹930 apiece.
Which share is best to buy today?
Name LTP High
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Axis Bank 712.65 721
B P C L 400.55 404
Bajaj Auto 3,489.75 3,527
Bajaj Finance 7,852.60 7,910
Is Irctc good to buy now?
Many peoples were assumed stock price has fallen from 6000 to 800 but the stock price has got split in a 1/5 ratio. Then the stock has shown good buying in dips and now trading neutral.Nov 7, 2021
Are IRCTC shares overvalued?
Price to Book Ratio PB vs Industry: IRCTC is overvalued based on its PB Ratio (44.3x) compared to the IN Commercial Services industry average (2.2x).
Is investing in IPO a good idea?
You shouldn't invest in an IPO just because the company is garnering positive attention. Extreme valuations may imply that the risk and reward of the investment is not favorable at the current price levels. Investors should keep in mind a company issuing an IPO lacks a proven track record of operating publicly.
Which share will go high today?
Company Name Current Price High
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BHEL 63.80 64.55
National Aluminium 110.60 113.90
Vedanta 325.25 335.40
Tata Motors 523.65 524.50