irctc stock price split

The board of IRCTC had approved a stock split on August 12. 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.

Irctc Share Price Touches 52 Week On Earnings Stock Split Announcement

Suresh has 50 shares of IRCTC in his demat account which he has purchased for Rs4000 per share.

. Choose Investments Using 0 Online Stock and ETF Trades. Enter the characters shown in the image. Four new shares will be deposited 4 days after the stock split.

After the split each shares face value will be Rs 2. What about IRCTCs split. Indian Railway Catering and Tourism Corporation IRCTC fixed 29 October 2021 as the record date for the proposed 5-for-1 stock split.

Indian Railway Catering and Tourism Corporation aka IRCTC announced a stock split to 15 ratio. Find Out What Services a Dedicated Financial Advisor Offers. Today after the split the share price opened at 817.

Read more about. The companys board in August 2021 recommended the proposal for sub-division of one equity share of face value of Rs 10 each. After the split announcement the stock is now 26502700.

IRCTC share price was up by 079 based on previous share price of Rs 7658. Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. IRCTC share price moved up by 467.

On 1 jul 2021 the price was around 2060. The company made their announcement of the stock split with their quarterly results. Indian Railway Catering and Tourism Corporations stock has been split in the ratio of 15 implying that shareholders will have five stocks in exchange for one stock.

The share face value to be reduced to 2 from 10 after the sub division of IRCTC share. So far this year IRCTCs share price has soared 84. This increases the liquidity of the stock by decreasing its stock price thus making it more affordable for investors.

Check Details Buy Hindustan Unilever For A Target Price of Rs 2330 Says Edelweiss Broking. If you had 1 share yesterday the value would be 4130. 5000 on 29 th October 2021 he will be holding 250 shares 505 of IRCTC in his demat account with a.

Before the split the share price of IRCTC was 4130 per share. Irctc Stock Price After Split. Learn How to Make Your Saving Goals a Reality.

Vijay Prajapati August 13 2021. Irrespective of his purchase price assuming if the stock splits for a price of Rs. The share has been quoting on an ex-split basis from October 28 2021.

IRCTC sets 29 Oct as record date for stock split. Basically this means that each stock will be split into 5 shares. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 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. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15. Ad More Trading Hours More Potential Market Opportunities.

Trade 245 at TD Ameritrade. A stock split does increase participation in the stock and results in buying post the split according to. MINT PREMIUM See All.

Ad Searching for Financial Security. Now coming specific to IRCTC this is also a multibagger stock. Irctc stock split This 2-Year-Old ELSS Fund Has Given 2752 Annual Average Returns.

The stock had hit a record high of Rs1279 adjusted to stock split on October 19 2021 and has doubled investor wealth rising. 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. The stock split is subject to approval from the Ministry of.

Send me a copy. IRCTC share price was Rs 77250 as on 24 Mar 2022 0359 PM IST. 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.

Which will make the stock affordable to retail investors now. On 1 Jul 2021 the price was around 2060. The company as fix record date for stock split.

As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. In IRCTCs cases every one share held by a shareholder will become five shares. Lets understand the IRCTC stock split with an illustration.

IRCTC Ipo in October 2019 Ipo price is Rs 320 This is multi-bagger stock after some days its Raise Rs 2694. Ad Build Your Portfolio Your Way. Following the development shares of IRCTC zoomed as much as 15 per cent to Rs 94965 on Thursday before giving up some gains to trade at 92120 at 945 am.

The railway ticketing monopoly traded ex-split on Thursday. The stock of IRCTC had hit a record high of Rs 1279 adjusted to stock split on October 19 2021. IRCTC share price trend.

IRCTC share price moved up 11939. According to Livemint post-split the number of shares will increase to 1250000000. 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.

If you had one share irctc at a price of 4500 rupees you will be able to own 5 shares for 900 rupees each. In the past three months. IRCTC share price moved down by 773.

It may rise to 28002850 level before split happens and then the price will be re-adjusted to 550 levels.

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