Highlights
- India Tourism Development Corporation (NSE: ITDC) gained 11.96% and moved above its 50-day SMA.
- The stock climbed from an intraday low of ₹437.10 to ₹506.65.
- RSI improved to 61.61, pointing to strengthening momentum after weeks of weakness.
Fundamental View
India Tourism Development Corporation (NSE: ITDC) reported a strong December 2025 quarter. Consolidated total income stood at ₹19,259.39 lakh, while profit before tax came in at ₹3,842.78 lakh. Net profit was reported at ₹2,800.88 lakh, with earnings per share of ₹3.28.
The latest quarterly numbers indicate that the company continues to generate healthy profits despite the recent weakness in the stock price. The strong earnings profile may be supporting the current recovery in the share price.
Technical View
India Tourism Development Corporation (NSE: ITDC) is currently trading near ₹493.95, up 11.96% in the session. The stock has moved above its 50-day Simple Moving Average near ₹484.92, indicating that the recent trend may be turning positive again.
The chart shows that the stock remained under pressure for several weeks and declined from above ₹550.00 to below ₹400.00 during March 2026. However, the latest recovery from the ₹380.00–₹400.00 region has been sharp. Thursday’s strong candle pushed the stock above the 50-day SMA for the first time in several weeks.
The stock opened at ₹441.15 and moved to an intraday high of ₹506.65 before settling near ₹493.95. The sharp rise and strong close suggest that buying interest has returned after the recent correction.
RSI is currently near 61.61, which is its highest level in recent weeks. This indicates that momentum has improved and the stock is no longer in a weak zone.
Momentum Indicator
The stock has regained strength after breaking above the 50-day SMA. If the current momentum continues, the recovery could extend further over the next few sessions. However, after such a strong one-day move, some short-term consolidation cannot be ruled out.
Key Technical Levels
The immediate downside zone is placed between ₹450.00 and ₹400.00. Holding above this area may help the stock sustain its improving structure.
On the upside, India Tourism Development Corporation (NSE: ITDC) may move toward the ₹550.00 to ₹600.00 range if momentum remains firm.
Source: TradingView
Key Risks
- The stock has rallied sharply in a single session and may see profit booking.
- Failure to hold above ₹450.00 could weaken the recent rebound.
- The broader trend remains volatile after the March decline.
- A weaker tourism sector outlook may limit further upside.
Summary
India Tourism Development Corporation (NSE: ITDC) has shown signs of a possible trend reversal after moving above its 50-day average. The stock now appears stronger than it did a few weeks ago, although it may need to hold above the recent breakout zone to maintain momentum.
FAQs
- Why did ITDC share price rise today?
The stock rose after breaking above its 50-day SMA and extending its rebound from recent lows. - Is ITDC trading above its 50-day SMA?
Yes, the stock is trading above its 50-day SMA of around ₹484.92. - What should traders watch next?
Traders may watch whether the stock remains above ₹450.00 and whether the rebound continues toward higher levels.