IRCTC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | IRCTC | Market Cap | 43,164 Cr. | Current Price | 540 ₹ | High / Low | 820 ₹ |
| Stock P/E | 31.2 | Book Value | 53.2 ₹ | Dividend Yield | 1.58 % | ROCE | 49.0 % |
| ROE | 37.2 % | Face Value | 2.00 ₹ | DMA 50 | 559 ₹ | DMA 200 | 645 ₹ |
| Chg in FII Hold | -2.33 % | Chg in DII Hold | 0.84 % | PAT Qtr | 387 Cr. | PAT Prev Qtr | 338 Cr. |
| RSI | 46.5 | MACD | 0.22 | Volume | 11,17,918 | Avg Vol 1Wk | 13,96,872 |
| Low price | 493 ₹ | High price | 820 ₹ | PEG Ratio | 1.27 | Debt to equity | 0.02 |
| 52w Index | 14.3 % | Qtr Profit Var | 13.3 % | EPS | 17.8 ₹ | Industry PE | 44.2 |
📉 IRCTC is trading below both its 50 DMA (₹559) and 200 DMA (₹645), reflecting short-term and medium-term weakness. RSI at 46.5 indicates neutral-to-bearish momentum, while MACD at 0.22 suggests a weak positive crossover. Bollinger Bands show price near mid-range, reflecting consolidation. Current volume (11.1 lakh) is below average (13.9 lakh), highlighting reduced participation.
🔑 Short-term momentum signals: Mild bullish bias, but sustainability depends on reclaiming ₹560–₹570 zone.
🎯 Entry Zone: ₹530–₹540 (support region)
🚪 Exit Zone: ₹570–₹590 (resistance region)
📊 Trend Status: Consolidating with weak bullish tilt
Positive
- Strong ROCE (49%) and ROE (37.2%) highlight efficiency
- Debt-to-equity ratio at 0.02 indicates virtually debt-free balance sheet
- Quarterly PAT growth (+13.3%) shows earnings momentum
- DII holdings increased (+0.84%), showing domestic institutional support
- EPS at ₹17.8 supports valuation strength
Limitation
- Price trading below both 50 DMA and 200 DMA
- FII holdings decreased (-2.33%), showing reduced foreign investor interest
- PEG ratio at 1.27 indicates moderate valuation stretch
- Volume below average, limiting breakout potential
Company Negative News
- Decline in foreign institutional holdings (-2.33%)
- Price struggling to sustain above long-term averages
Company Positive News
- Quarterly PAT improved from ₹338 Cr. to ₹387 Cr.
- DII inflows (+0.84%) support investor confidence
- Strong fundamentals with high ROE and ROCE
Industry
- Industry PE at 44.2 highlights sector trading at higher multiples
- Railway and travel sector benefiting from rising passenger demand and government initiatives
Conclusion
⚖️ IRCTC shows strong fundamentals with high ROE, ROCE, and debt-free structure, but technicals remain weak with price below key moving averages and reduced volume. Entry near ₹530–₹540 offers tactical opportunity, with profit booking around ₹570–₹590. Trend remains consolidative with mild bullish tilt, requiring breakout above 200 DMA (₹645) for sustained upside momentum.
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