irctc stock price split

The board of Indian Railway Catering and Tourism Corporation IRCTC on Thursday announced splitting of the companys one equity share into five. The shares of IRCTC have been split 15 which means if you had 1 share of the company yesterday you would have 5 shares of the company today.

Irctc Zooms 6 To Hit Record High Key Triggers Driving The Stock

10 which was divided into five.

. Even after a significant decrease. Find market predictions IRCTC financials and market news. Before the stock split the shares of IRCTC were trading around 4000 even after a steep decline from its record high of.

IRCTC Share Price IRCTC Stock Price IRCTC - Indian Railway Catering Tourism Corp Ltd. The rally is basically driven by the news that the company could announce a share split. The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each.

Consequently the face value of each IRCTC share was Rs. 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. While announcing its first quarter earnings IRCTC had unveiled its stock split plans as the board approved the proposal for a 15 stock split ie for a split of 1 share at a face.

The Indian Railway Catering and Tourism Corporation IRCTC board on Thursday the proposal for an IRCTC Stock Split Ratio 15 Approved or sub-division of shares. It generally occurs after a major run-up of a stocks price. The board of IRCTC today recommended sub-division or split of companys one equity share of face value of 10 each into five equity shares of face value of 2 each IRCTC.

Ex-Right Ratio Premium. Indian Railway Catering Tourism Corporation Splits - Check all the details of Indian Railway Catering Tourism Corporation Splits on The Economic Times. On October 28 2021 the shares of the Indian Railway Catering and Tourism Corporation Limited IRCTC were split into a 15 ratio based on a decision taken earlier in.

The stock price also gets. The railway ticketing monopoly traded ex-split on Thursday. 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.

After this decision the company did a stock split in the ratio 15 on 28 October 2021. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the. As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares.

This means that one share of 10 will be. Ex-Split Old FV New FV See More. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.

For a split of 1 share at a. IRCTC share price on the NSE jumped 874 per cent or Rs 20050 since July 29 to close at. The recent surge in IRCTCs share price comes on the back of its stock split announcement.

After the split each shares face value will be Rs 2. The move however is subject to approval from the Ministry of Railways and other. The primary goal of a stock split is to lower the cost of ownership for shareholders.

The share has been quoting on an ex-split basis from October 28 2021. View live INDIAN RAIL TOUR CORP LTD chart to track its stocks price action. IRCTC share price was up by 036 based on previous share price of.

It usually happens following a significant price increase in a stock. Irctc shareirctc share newsirctc share todayirctc share splitirctc share priceirctc share targetirctc share fallingirctc share analysisirctc share bu.

Indian Railway Catering Tourism Irctc Ns Stock Split History