irctc stock price split
Before the split the share price of IRCTC was 4130 per share. After the split each shares face value will be Rs 2.
Irctc Fixes Record Date For Stock Split Details Here Mint
IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.
. Yes there was news that IRCTC can split the share. Stock split decreases the market price of the individual shares however does not result in changing the market capitalization of the company. This in itself is not such a big event as bonus shares issue.
And if the share price is 5000 then you will get 5 shares of 1000. 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. Shares of Indian Railway Catering and Tourism Corporation IRCTC continued their upward movement in Thursdays session to scale a new high of Rs 559385 on BSE following.
The move however is subject to approval from the Ministry of Railways and other. If the approval gets nod from the Ministry of Railways and the existing share holders the IRCTC share price face value would become 2 instead of existing 10 per equity. After the split announcement the stock is now 26502700.
Stock has now been splited and now it is trading on higher side. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the. So you will get 5 shares instead of one share.
Indian Railway Catering Tourism. The share has been quoting on an ex-split basis from October 28 2021. The IRCTC stock surged 608 per cent to hit a 52-week high of Rs 272795 on the BSE while on the National Stock Exchange NSE it rallied 609 per cent to.
One stock split price effect. Share of Indian Railway Catering Tourism Corporation were trading more than 13 higher at 933 per share on the BSE in Thursdays early deals as the stock trades ex-split. For example in IRCTCs 15 stock.
This increases the liquidity of the stock by. The railway ticketing monopoly traded ex-split on Thursday. IRCTC share price was down by 196 based on previous share price of Rs 7172.
The stock price of IRCTC was pretty expensive for small. IRCTC share price trend. Basically this means that each stock will be split into 5 shares.
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. Today after the split the share price opened at 817. 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 rose 15 percent on October 28 as the stock traded ex-split. The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. Now coming specific to IRCTC this is also a multibagger stock.
As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. The board of IRCTC had approved a stock split on August 12. A 51 split ratio means the number of IRCTC shares in the market is expected to swell from 25 crores 250000000 to 125 crores 1250000000.
Irctc share news today irctc share news latest irctc share market news today irctc stock targetkeep Supporting Usvideo credit and sources. IRCTC share price was Rs 69075 as on 09 May 2022 0359 PM IST. IRCTC share price.
Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis. 5 shares for lower face value 2 instead of one share of higher face value 10. Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis.
On 1 Jul 2021 the price was around 2060. 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. If you had 1 share yesterday the value would be 4130.
For a split of 1 share at a. 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. IRCTC has declared a stock split of 15 ie.
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