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 . . .