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- IRCTC Share Price Today Update; Radhakishan Damani DMart Stock Rise By Rs 500
Mumbai3 minutes ago
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Shares of Avenue Super Mart, the company that runs IRCTC and DMart, have made investors rich. The share of IRCTC has increased by one thousand in 1 month, while the share of Avenue Super Mart has increased by 500 rupees.
Shares of Avenue Super Mart, the company that runs IRCTC and DMart, have made investors rich. The share of IRCTC has increased by one thousand and the share of Avenue Super Mart by Rs 500 in 1 month. IRCTC stock can go up to Rs 5,100 in the long run.
IRCTC stock closed with gains everyday
The share of IRCTC is closing by increasing 5% everyday. Whereas the share of Avenue Super Mart also closes with an increase. Talking about one year, the share of IRCTC has given a gain of three times. The lowest level of this stock has been Rs 1,291 in one year. This was the level of this stock in November last year. Since then it has increased almost three times.
IRCTC shares closed at Rs 3,436 yesterday
Shares of IRCTC closed at Rs 3,436 on Monday. Today the stock has risen 5.23% to Rs 3,636. The market cap of the company is close to Rs 58 thousand crores. It is the only company in its sector. So it has a monopoly. This company has business like catering, ticket booking in railways. Its turnover in the financial year 2020-21 was Rs 783 crore. On this it made a profit of Rs 189 crore.
A month ago, the share price of IRCTC was Rs 2,535.
A month ago, the share price of IRCTC was Rs 2,535. Now it is beyond Rs 3,600. Santosh Meena, Research Head, Swastika Investmart says that IRCTC’s stock is in a bullish trend. Its stock has risen more than 100% in this year. This stock had seen a decline due to Corona. But now with the asset monetization plan of the Railways, this stock is showing a rise. This stock can further cross Rs 4,000. However, it can go up to Rs 5,100 in the long run.
Share of Avenue Super Mart is also up
On the other hand, the share of Avenue Super Mart is also in a boom. On Tuesday, this stock crossed the level of Rs 4,000. In the same month on September 1, it had also made the highest level of 1 year of Rs 4,012. In October last year, the stock had hit a one-year low of Rs 1,949. Since then it has grown by 100%. This company is in the business of grocery and provides groceries and other items at cheap rates.
23,787 crore turnover in the last financial year
The total business of this company in the financial year 2020-21 was Rs 23,787 crore. On this it made a profit of Rs 1,165 crore. Its share price a month ago was Rs 3,566. Now it is increasing by about Rs 500 per share and trading at Rs 4,000.