irctc stock price split
The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.
Irctc Is New Itc Of The Meme World Here S How The Internet Reacted To Irctc Stock Split Businesstoday
Even otherwise IRCTC is a multi-bagger stock.
. After the split each shares face value will be Rs 2. Before the stock split IRCTCs stock had reached a record high of Rs. IRCTC has declared a stock split of 15 ie.
IRCTC share price trend. The stock had hit a record high of Rs1279 adjusted to stock split on October 19 2021 and has doubled investor wealth rising. BSE Quotes and Sensex are real-time and licensed from the Bombay Stock Exchange.
The IRCTC stock saw a 15 per cent rise during the trading session despite a large fall in the broader markets. On 12 th Aug 2021 the board of Indian Railway Catering and Tourism Corporation IRCTC had approved the proposal for a 15 stock split or sub-division of shares. The move however is subject to approval.
IRCTC share price moved down by 1090. Again speaking of IRCTC someone with Rs 20000 will be able to buy just 4 shares today Rs 4876 being the LTP and may decide against it. 233130 by July 2021.
Shares of Indian Railway Catering and Tourism Corporation IRCTC rallied 15 per cent to Rs 94965 on the BSE in Thursdays intra-day trade after the scrip turned ex-stock split sub-division of equity shares in ratio of 15. Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis. IRCTC share price was down by 168 based on previous share price of Rs 7836.
5 shares for lower face value 2 instead of one share of higher face value 10. In IRCTCs cases every one share held by a shareholder will become five shares. This increases the liquidity of the stock by decreasing its stock price thus making it more affordable for investors.
This in itself is not such a big event as bonus shares issue. Indian Railway Catering and Tourism Corporations stock has been split in the ratio. As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares.
And if the share price is 5000 then you will get 5 shares of 1000. So you will get 5 shares instead of one share. Today after the split the share price opened at 817.
Basically this means that each stock will be split into 5 shares. IRCTC share price moved down by 042. Indian Railway Catering and Tourism Corporation aka IRCTC announced a stock split to 15 ratio.
TCS Share Price Infosys Q4 Preview Ruchi Soya Share Price Sensex Today HDFC Bank SP 500. Before the split the share price of IRCTC was 4130 per share. Yes there was news that IRCTC can split the share.
The stock price of IRCTC was pretty expensive for small investors but after the split the share price had decreased to around 900 making it more alluring for investors. For a split of 1 share at a face value of 10 each into 5 equity shares at a face value of 2 each. It made a new high today - 2491.
The stock split is subject to approval from the Ministry. The share capital will remain the same at Rs 250 crore while post-split the number of shares will increase to 1250000000 face value of Rs 2- each from 250000000. The board of IRCTC had approved a stock split on August 12.
Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. The stock of IRCTC had hit a record high of Rs 1279 adjusted to stock split on October 19 2021. Stock splits and its speculated to be at 500 level I guess so will anyone whos previously bought at above 2000 level shares also go down to the split price.
The company made their announcement of the stock split with their quarterly results. IRCTC share price moved up 13571. If you had 1 share yesterday the value would be 4130.
Irctc shareirctc share newsirctc share splitirctc share crashirctc share priceirctc share targetirctc share analysisirctc share news todayirctc share. But splits do raise the stock value in the shorter run. According to Livemint post-split the number of shares will increase to 1250000000.
TickerPlant Corporate Data FO Data Historical price volume data. IRCTC share price was Rs 76720 as on 18 Apr 2022 0359 PM IST. The company as fix record date for stock split.
The growth story of IRCTC stock continued and the share price touched Rs. What about IRCTCs split. Live BSE and NSE Quotes Service.
MINT PREMIUM See All. The companys management decided to go in for a stock split in October 2021. 6369 on October 14 2019.
IRCTC Ipo in October 2019 Ipo price is Rs 320 This is multi-bagger stock after some days its Raise Rs 2694. IRCTC Split Information. Stock split leads to high liquidity.
The share face value to be reduced to 2 from 10 after the sub division of IRCTC share. IRCTC fixes record date for stock split Published on Sep 30 2021 0934 Indian Railway Catering Tourism Corporation has fixed 29 October 2021 as record date for sub-division of equity shares of Rs 10 each into five equity shares of Rs 2 each. IRCTCs board in August recommended the proposal for stock split of equity share of face value of 10 each into five equity shares of face value of 2 each.
Indian Railway Catering Tourism Corp IRCTC share price touched a 52-week high of Rs 272795 rising 6 percent intraday on August 12 after the company announced stock split and reported a. The share has been quoting on an ex-split basis from October 28 2021. Team IPOWatch August 13 2021.
So in short run irctc should rise up. What about IRCTCs split. Dion Global Solutions Ltd.
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