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IRCTC

Industry Transport Services

Code NSE: IRCTC | BSE: 542830

Market Cap ₹ 17,310 Cr (USD 2.3 Bn)

1-year Return +57% (since Oct '19)

CMP First Reached Jan 2020

Date Added 7th April 2020

CM Framework Reasonably Valued Core

CMP ₹ 1,137

Recommendation Buy

Why we like this stock:

Monopoly in the railway online ticketing, catering and platform services areas Also a monopoly in drinking water on all trains (others can operate if IRCTC is not present) After the lockdown, railway bookings will resume as usual Train travel and catering primary . . .

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