irctc stock price split
Ad Pro-Level Technology and Real Time Data. Basically this means that each stock will be split into 5 shares.
Irctc Share Price Touches 52 Week On Earnings Stock Split Announcement
In IRCTCs cases every one share held by a shareholder will become five shares.
. What about IRCTCs split. IRCTC has declared a stock split of 15 ie. The share face value to be.
This increases the liquidity of the stock by. Before the split the share price of IRCTC was 4130 per share. Start Your Account in 5 Simple Steps.
The share has been quoting on an ex-split basis from October 28 2021. After the split each shares face value will be Rs 2. Start Your Account in 5 Simple Steps.
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. Ad Pro-Level Technology and Real Time Data. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.
The move however is subject to approval from the Ministry of Railways and other. Get detailed IRCTC stock price news and analysis Dividend Bonus. Team IPOWatch August 13 2021.
IRCTC share price live updates on The Economic Times. IRCTCIRCTC QUICK TRADINGIRCTC STOCK live tradingirctc share newsirctc share priceirctc share latest newsirctc share targetirctc share news today. Yes there was news that IRCTC can split the share.
Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis. Again speaking of IRCTC someone. So you will get 5 shares instead of one share.
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. 5 shares for lower face value 2 instead of one share of higher face value 10. 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. 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 company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the.
Stock splits and its speculated to be at. 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 railway ticketing monopoly traded ex-split on Thursday.
Check out why IRCTC share price is falling today. Stock split leads to high liquidity. If you had 1 share yesterday the value would be 4130.
The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. 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. As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares.
It made a new high today - 2491. The board of IRCTC had approved a stock split on August 12. So in short run irctc should rise up.
What about IRCTCs split. This in itself is not such a big event as bonus. Indian Railway Catering and Tourism Corporation aka IRCTC announced a stock split to 15 ratio.
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. Today after the split the share price opened at 817.
According to Livemint post-split the number of shares will increase to.
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