FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. The share price of Vedanta closed a percent higher on Thursday. As on 04 Mon Jan 2021 Indian Rail IRCTC is trading at 1451.05 and its nearest share price targets are 1436.53 and 1459.53. This will alert our moderators to take action. However, it has generated a receipt of Rs 11,006.27 crore so far in the current fiscal year, according to government data. For Nifty, the highest target was 15,100. Click here for weekly, monthly, and yearly price targets Target 1 Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. The government has so far disinvested equity stakes in, While announcing the Modi government’s flagship Atmanirbhar Bharat package, FM Sitharaman had also announced the. Please enable JavaScript to continue using this application. As on 05 Tue Jan 2021 Trident TRIDENT is trading at 15.45 and its nearest share price targets are 14.43 and 16.48. IRCTC ofs IRCTC Share Price IRCTC irctc share price outlook irctc shares IRCTC News (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. IRCTC OFS will help the government inch forward in meeting the Rs 2.10 lakh crore disinvestment target. However, with nearly three quarters of the year already gone, the nation has achieved only 5.14 percent of the sales target. Also, the company is set to benefit form the rapid increase in demand for digitisation across industries amid the pandemic, said Anand Rathi. IRCTC SHARE LATEST NEWSHello friends this channel is all about Stock Market information , Latest news of stocks , Stock Analysis and Stock reviews. opening up of all sectors for private sector participation. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Download The Economic Times News App to get Daily Market Updates & Live Business News. The government had said that the move would lead to consolidation of PSUs as well as scaling up of their operations. Indian Railway Catering & Tourism Corporation Ltd. Prabhudas Lilladher has given a buy rating to IRCTC NSE 0.50 % with a target price of Rs 1629. Apart from IRCTC, the disinvestment process of BPCL, along with Air India is making headlines. Also, ETMarkets.com is now on Telegram. It opened at the same price in that session. First published on 15 December 2021 at www.financialexpress.com; updated to add IRCTC figures. The government wants to sell a stake in PSUs at a time when it fetches the right price. Let's reshape it today, Hunt for the brightest engineers in India, Read Stock Insights by ET for a quick analysis. Why follow tips? While announcing the Modi government’s flagship Atmanirbhar Bharat package, FM Sitharaman had also announced the opening up of all sectors for private sector participation. Earlier, in July, Finance Minister Nirmala Sitharaman had said that the government was working on completing the stake sale process of about 23 PSUs, whose divestment was approved by the Union Cabinet. “Offer for Sale of Govt shares in IRCTC got great response on day one. Choose your winners rationally in 3 simple steps! The stock’s last traded price is Rs 1388.35. The brokerage remains optimistic on Infosys given its strong digital portfolio, healthy deal pipeline, account expansion, cost discipline and upbeat management expectations. 5. IRCTC OFS will help the government inch forward in meeting the disinvestment target. The government wants to sell a stake in PSUs at a time when it fetches the right price. Yes Bank Share Price, Yes Bank Stock Price, Yes Bank Ltd. Stock/Share prices, Yes Bank Ltd. Live BSE/NSE, F&O Quote of Yes Bank Ltd. with Historic price charts for NSE / … The Prices page of Reliance Communications Ltd.. captures the information on Price and Volume for a user defined time interval. IRCTC share fell over 3 percent on the second day of offer for sale (OFS) today. While Rs 1.20 lakh crore out of the disinvestment target of Rs 2.14 lakh crore will come from disinvestment of PSUs, another Rs 90,000 crore is likely to be generated from stake sale in financial institutions. The OFS would help the government inch forward in meeting the Rs 2.10 lakh crore disinvestment target. “The trend is expected to be positive in 2021. According to Axis Securities, driven by market share … Do you know What is Finance Bill, Short Term Capital Gains Tax, Fiscal Policy in India, Section 80C of Income Tax Act 1961, Expenditure Budget? Indian Union Budget 2021-22: India had set a humongous disinvestment target for the current fiscal year 2020-21 – its most ambitious so far. The floor price of the offer has been fixed at Rs 1,367 per equity share. At 11:15 am, IRCTC was trading at ₹ 1,502.70 down 7.13% from its previous close, while the Sensex fell 0.53% to 45,857.04. While Rs 1.20 lakh crore out of the disinvestment target of Rs 2.14 lakh crore will come from disinvestment of PSUs, another Rs 90,000 crore is likely to be generated from stake sale in financial institutions. Choose your reason below and click on the Report button. Apart from IRCTC, the disinvestment process of, Budget 2021 FY21 disinvestment target at Rs 214000 cr only Rs 11006 cr achieved so far, Budget 2021: Expect growth correcting budget that raises expenditure, cuts fiscal deficit, says Dr Rangarajan, Sun Pharmaceutical Industries Share Price, This website follows the DNPA’s code of conduct. Investors should brace for a near-term pullback in the first quarter of 2021, according to CFRA's Sam Stovall. IRCTC Share Price: Indian Railway Catering and Tourism Corporation (IRCTC) share price history of the last one month suggests that Indian Railways PSU stock is range-bound in between Rs 1,300 to Rs 1,500 per stock levels.In the last one month, IRCTC shares made its low of Rs 1,338 per share while it made a high of Rs 1,414 in the same period. For reprint rights: Inciting hatred against a certain community, 15 The floor price for the offer shall be Rs 1,367. Issue subscribed 1.98 times of base size at a clearing price above the floor price by non-retail investors. Please enable JavaScript to continue using this application. It is to be noted that besides the above disinvestment, the government has also disinvested $1.1 billion from FDI by India in the first half of the current fiscal, according to, Meanwhile, the government plans to sell about 15-20 percent stake in Indian Railway Catering and Tourism Corp (IRCTC) via offer for sale (OFS) and would like to complete the transaction in a minimum number of tranches. Government will sell 3.2 crore shares, which is expected to garner Rs 4,374 crore. Indian Railway Catering & Tourism Corporation Ltd. Best solution for to authenticate online exams, Is YES Bank's turnaround story complete? Share of IRCTC slipped 3.58% intra day to Rs 1,400 against previous close of Rs 1,451 on BSE. The share price moved up by 0.54 per cent from its previous close of Rs 1380.85. IRCTC shares have so far not resulted in losses for those who subscribed to the IPO with a long-term view and continues to trade at a price that is way above its listing price. The government had said that the move would lead to consolidation of PSUs as well as scaling up of their operations. IRCTC shares were listed on bourses on October 14, 2020, at a listing price of Rs 644 per share. The government has so far disinvested equity stakes in Hindustan Aeronautics; Bharat Dynamics; Mazagon Dock Shipbuilders; RITES; IRCTC; and SUUTI, as seen in the information available with the Department of Investment and Public Asset Management (DIPAM). Meeting the Rs 2.10 lakh crore the sales target, LATEST news of stocks, ITC tanks new... 'S reshape it today, Hunt for the 2020-21 fiscal, the government has set a disinvestment! Raises expenditure, cuts fiscal deficit, says Dr Rangarajan 's love affair with unpopular stocks, ITC on. With nearly three quarters of the year already gone, the government inch forward meeting! ’ s last traded price is Rs 1388.35 Rs 11,006.27 crore so far 1,618.05 on the BSE, down per! 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