IRCTC Experiences Revision in Score Amidst 52-Week Low and Yearly Decline

Indian Railway Catering & Tourism Corporation (IRCTC), a key player in the travel services sector, has recently experienced a revision in its score, reflecting ongoing challenges in the market. The company has faced a notable decline, reaching a new 52-week low of Rs. 765.25 on January 8, 2025. This downturn is particularly significant as it highlights a period of underperformance, with IRCTC lagging behind its sector by 2.03% on the same day.
In terms of technical indicators, IRCTC is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a sustained trend of underperformance. Over the past year, the stock has decreased by 16.80%, contrasting sharply with the broader market, as represented by the Sensex, which has posted a positive performance of 9.26% during the same period.

In light of these developments, IRCTC has been added to MarketsMOJO's list, indicating a shift in evaluation amidst the current market dynamics. As a large-cap entity in the travel services industry, IRCTC continues to navigate a competitive landscape, and the recent adjustments in its evaluation underscore the cautious sentiment surrounding its future performance.