IRCTC Experiences Revision in Its Score Amidst Recent Market Challenges and 52-Week Low

Indian Railway Catering & Tourism Corporation (IRCTC), a key player in the travel services sector, has recently experienced a revision in its score, reflecting the ongoing challenges faced by the company. The stock has been under pressure, reaching a new 52-week low of Rs. 756.85 on January 10, 2025, and has seen a consecutive decline over the past three days, resulting in a total drop of 1.88% during this period.
Despite these difficulties, IRCTC managed to outperform the travel services sector today, achieving an intraday high of Rs. 784.50, which marked a gain of 2.75%. However, the stock continues to trade below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a prevailing bearish trend.

Over the past year, IRCTC's stock has declined by 19.70%, a stark contrast to the Sensex, which has recorded a gain of 7.70%. The broader travel services sector has also faced its own set of challenges, with a decline of 2.9%. In light of these factors, IRCTC has been added to MarketsMOJO's list, reflecting a strategic adjustment in evaluation amidst the current market conditions.