Jobaaj Stories
The Indian Railway Catering and Tourism Corporation, or IRCTC, has drawn interest from many investors. The stock had a positive closing on the most recent trading day, ending at ₹926.95 after opening at ₹920.15. IRCTC's share price varied over the day, peaking at ₹933.55 and falling to ₹915.45. With a market value of ₹73,948.0 crore, the company is currently rather amazing.
high-flying stock analysis
— Rohan Agrawal (@r_agru21) August 12, 2024
on 18 & 19 Oct 2021 #irctc & #DMart saw highest ever volume in it's upward journey
all this volume was negative as price was closing in red
later, same levels are not touched till today
this is how you save yourself@Shobhitcool2001 #StockMarket pic.twitter.com/ecZwi0fyyR
IRCTC's share price journey over the last year is reflected in a 52-week range, where the greatest point was ₹1,148.3 and the lowest was ₹635.2. Investors may see the success and risk of the stock using these figures.
The trading volume for IRCTC shares has significantly decreased as of 11 AM today, falling by 22.25% from the previous day. At this point, the stock price was ₹922.6, indicating a 0.19% decrease.
Investors must know how price and volume are related to each other. A strong rising trend is usually indicated when a stock's price rises with an increase in trading volume, indicating that the price movement is sustained. However, if the stock price lowers with increased trading volume, this could indicate upcoming reductions.
IRCTC Q1 Results FY 2024-25 Today: Railway PSU stock trades flat ahead of quarterly earnings release; Check previewhttps://t.co/nv8wXcIRpS
— ET NOW (@ETNOWlive) August 13, 2024
To help them decide whether to buy or sell their shares, investors frequently examine these movements. In IRCTC's situation, investors trying to measure the direction of the market might want to take into account the small price decline that matched with a spin in volume.
Ultimately, even if IRCTC is still a big player in the market, investors may make better selections if they monitor both price changes and trade volume.
