IRCTC stock has rallied over 48% in September 2021, will this rally continue in October 2021? Why we have seen trading in the latter half of September lower than expected?
IRCTC stock is currently under the F&O ban category as it has exceeded 95% of the Market-wide positions limits (MWPL).
On 1st September 2021 stock open at Rs.2755.00 and during the session stock touches Rs.2765.40 and Rs.2718.00 on the lower side with a deliverable % of 24.64.
IRCTC share crosses Rs.3000.00 on 6th September 2021 and Rs.4000.00 on 17th September 2021. A remarkable performance from IRCTC has been seen in September 2021. Due to such high-volume trade, it has enter twice in the F&O ban during September 2021.
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After entering the F&O ban, there has been a significant reduction in the volume and stock is trading at Rs.3689.25 as of 24th September 2021, still stock is ban under F&O for Monday’s session i.e., on 27th September 2021.
Upcoming news and future outlook seem okay for investors as the economy is opening at the full-scale demand for tourism are also expected higher in the 3rd Quarter of FY 2021-22 due to normalizing COVID norms, festive season, high demand, etc.
One can expect a 10% to 15% rise in the near term.
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On 24th September 2021 Share market has touched the golden digit of 60000 and Sensex manages to close above 60000 and NSE above 17800. This momentum catches speed after the FED meeting outcome and China real estate news that we have witnessed in the Thursday session where Nifty and Bank Nifty outperformed. Still, China’s real estate news is volatile, and experts suggest a cautious approach towards coming trading sessions.
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IRCTC stock is in buzz nowadays with its recently launched various Tour Packages, running of special festive and other trains, proposed mega railway merger, and opening of India’s ever first luxury cruise liner.
On 29th September 2021, IRCTC has scheduled their 22nd AGM to transact ordinary business and special business such as passing a resolution or considering or modification for sub-division of equity shares having the face value of Rs.10/- to Rs.2/- per share.
21st September 2021 was the Ex-date for the Final dividend of Rs.5/- per share. EPS for the 1st Quarter FY 2021-22 was reported at 5.16 against the 6.49 of the Q4 FY 2020-21.
Date | Prev Close | Open Price | High Price | Low Price | Last Price | Close Price | Average Price | Total Traded Quantity | Turnover | No. of Trades | Deliverable Qty | % Dly Qt to Traded Qty |
01-Sep-21 | 2752 | 2755 | 2765.4 | 2718 | 2742.05 | 2746.25 | 2743.72 | 914965 | 2510404083 | 51025 | 225489 | 24.64 |
02-Sep-21 | 2746.25 | 2746 | 2858 | 2743 | 2833.05 | 2829.95 | 2821.11 | 2462818 | 6947884165 | 116241 | 441706 | 17.93 |
03-Sep-21 | 2829.95 | 2844 | 2897.3 | 2826.5 | 2868 | 2869.9 | 2864.38 | 1751547 | 5017102141 | 91634 | 360125 | 20.56 |
06-Sep-21 | 2869.9 | 2885.6 | 3040 | 2879.15 | 3020 | 3008.4 | 2988.87 | 5060514 | 15125223772 | 226581 | 935984 | 18.5 |
07-Sep-21 | 3008.4 | 3050 | 3305 | 3045.35 | 3295.9 | 3286.9 | 3207.12 | 11555311 | 37059261413 | 504281 | 981493 | 8.49 |
08-Sep-21 | 3286.9 | 3330 | 3422.65 | 3265.55 | 3272 | 3296.4 | 3339.39 | 8872794 | 29629762557 | 488020 | 1167986 | 13.16 |
09-Sep-21 | 3296.4 | 3250 | 3358 | 3182.25 | 3292.95 | 3295 | 3294.22 | 5665215 | 18662492293 | 290068 | 848069 | 14.97 |
13-Sep-21 | 3295 | 3315 | 3450.7 | 3310 | 3445 | 3435.75 | 3394.54 | 4778463 | 16220692026 | 222973 | 907475 | 18.99 |
14-Sep-21 | 3435.75 | 3487 | 3758.8 | 3476 | 3723 | 3738.45 | 3647.85 | 11821825 | 43124264453 | 538821 | 1409524 | 11.92 |
15-Sep-21 | 3738.45 | 3794 | 3939.9 | 3652.25 | 3685.25 | 3682.25 | 3756.58 | 8556280 | 32142353404 | 531276 | 1934179 | 22.61 |
16-Sep-21 | 3682.25 | 3744.8 | 3798.75 | 3682.25 | 3772.65 | 3769.7 | 3735.75 | 3602211 | 13456975145 | 219206 | 729296 | 20.25 |
17-Sep-21 | 3769.7 | 3820 | 4019.7 | 3790.7 | 3875.2 | 3863.4 | 3917.64 | 12324159 | 48281603425 | 609559 | 1976843 | 16.04 |
20-Sep-21 | 3863.4 | 3848.8 | 3848.8 | 3680.2 | 3720 | 3707.9 | 3757.62 | 4695511 | 17643961518 | 311091 | 1045780 | 22.27 |
21-Sep-21 | 3707.9 | 3728.65 | 3849.8 | 3550 | 3633.15 | 3624.55 | 3639.13 | 5303431 | 19299861173 | 391297 | 918276 | 17.31 |
22-Sep-21 | 3624.55 | 3674 | 3750 | 3640.5 | 3683 | 3671.3 | 3694.33 | 2908094 | 10743446936 | 215225 | 510572 | 17.56 |
23-Sep-21 | 3671.3 | 3744 | 3759 | 3680 | 3708 | 3694.05 | 3709.79 | 1430787 | 5307918944 | 115976 | 366370 | 25.61 |
24-Sep-21 | 3694.05 | 3720 | 3736 | 3640 | 3702 | 3689.25 | 3686.45 | 1539638 | 5675802193 | 129672 | 415629 | 27 |