which is the best price to buy IRCTC and SBI card share?

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Deal Cadet
sidmanraj731

I am planning to invest 10K each in IRCTC and SBI card share via Finvasia.
I will not sell the share for 5-7 years.
Which is the lowest price at which I can buy IRCTC and SBI card share?

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Deal Cadet Deal Cadet
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do not know about ‘best’ and ‘lowest’, but if fundamentals are sound and policy environment doesn’t keep changing every now and then.
then most brick and mortar companies ought to give much better returns than the prevailing ‘risk free rate’ of returns.

it doesn’t look like the monopoly in online ticketing of IR is going to be tsken away from IRCTC anytime soon.
they are also tour operators and fairly well monitored deepite living under the shadow of being a government company.

8-10 years CAGR should be at par or above most benchmarks.

SBI Cards seems too generic a business and the stock, STILL seems to be operator driven (FIIs, Indian Institutional Investors and operator cartels).


any process? that you narrowed down on these two specific choices?

Deal Subedar Deal Subedar
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For 5 year, any buy price is ok.

But i will not but irctc untill its reach 3digit and sbi card under 500.

I know it may not come but lots of option available so why these two.

Deal Cadet Deal Cadet
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@titamazon What are the other options?

Deal Subedar Deal Subedar
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Lots of other share
E.g. l&t, nestle, mind tree, reliance, bajaj finance , axis bank, …

Benevolent Benevolent
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Irctc is good around 800 levels for long term and as far as sbi is concerned wait for another downfall in it.

Deal Cadet Deal Cadet
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Is there any other stock which we can purchase?

Benevolent Benevolent
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IRCTC was below 900 in the 3rd week of March. That was the best time to buy.

Deal Cadet Deal Cadet
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Irctc is risly for long term with privatisation coming by 2023

SBI is also not safe.they may be forced to bail out some Gujarati firm

Community Angel Community Angel
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What nonsense

Deal Cadet Deal Cadet
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But these stocks are currently expensive
l&t, nestle, mind tree, reliance, bajaj finance , axis bank,

Critic Critic
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Every stock is currently expensive unless you think a few minutes nifty touchdown of 7500 & 3-4 months of nifty below 10k is enough for once in a century global medical disaster which is coronavirus.

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Deal Cadet Deal Cadet
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nifty around 10,000 seems to be a good area for starting buying stocks for investment purpose as of now. Investors should wait for correction in market to start investing

Deal Subedar Deal Subedar
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sbi card ~525
you can analyze pidilite also at cmp

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