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Point 1:
'IRCTC' refers to Indian Railway Catering and Tourism Corporation.
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Point 2:
IRCTC is a subsidiary of Indian Railways and is responsible for managing the catering, tourism, and online ticketing operations of the Indian Railways.
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Point 3:
IRCTC was established in 1999 and plays a pivotal role in enhancing the travel experience for passengers using Indian Railways.
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Point 4:
IRCTC is renowned for its online ticketing platform, allowing passengers to book train tickets, check train schedules, and manage reservations through the official website and mobile app.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 5:
IRCTC manages catering services on trains and at railway stations across India.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 6:
The corporation has introduced initiatives like e-catering services, enabling passengers to order meals of their choice during their journey.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 7:
IRCTC promotes tourism by offering a range of tour packages, including rail-based tours, hotel bookings, and other travel-related services.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 8:
IRCTC operates special tourist trains, often known as "Bharat Darshan" trains, which cover prominent tourist spots in the country.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 9:
These special trains are designed to offer affordable travel packages for passengers to explore India's cultural and historical richness.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 10:
The introduction of e-ticketing services and the IRCTC mobile app has revolutionized the way passengers plan and book their journeys.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 11:
Indian Railway Catering and Tourism Corporation (IRCTC)'s IPO came in October 2019. It's IPO price was Rs 315 to Rs 320 per share.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 12:
Indian Railway Catering and Tourism Corporation (IRCTC)'s share price is around Rs 980 in January 2024.
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Should You Buy IRCTC Shares?
Understand the Company Fundamentals
Point 13:
IRCTC share has shown an increase of around 680% absolute returns in around 4 years. It's CAGR comes to around 32%.
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