irctc stock price split
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. One stock split price effect.
Why Irctc Share Price Fall More Then Rs 1000 Today What S Ahead Equitypandit
This means the ETF has invested 196828564 or 1968 crore in the company.
. The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. IRCTC Share Split Date 2021 IRCTC Share Split Record Date. IRCTC share price was Rs 73525 as on 07 Oct 2022 0359.
Today after the split the share price opened at 817. For a split of 1 share at a. The idea here is about IRCTC.
Before the split the share price of IRCTC was 4130 per share. IRCTC may announce share spit on August 12. Stock has now been splited and now it is trading on higher side.
This means that one share of 10 will be. 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. 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.
It engages in Catering. The stock price of IRCTC. Following this decision on October 28 2021 the company did the stock split in the ratio of 15.
IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. IRCTC Share Price IRCTC Stock Price IRCTC - Indian Railway Catering Tourism Corp Ltd. A stock split does increase participation in the stock and results in buying post the split according to Vishal Wagh Head.
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 price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis. IRCTC share price has jumped more than 8 per cent on the.
Indian Railway Catering Tourism Corp. The board of Indian Railway Catering and Tourism Corporation IRCTC on Thursday announced splitting of the companys one equity share into five. IRCTC SHARE NEXT TARGET IRCTC SHARE LATEST NEWS TODAY ANALYSIS BUY OR NOT PRICE TODAYirctc stock irctc share news irctc share irctc split news irct.
10 was split into five equity shares with. The share has been quoting on an ex-split basis from October 28 2021. Before the stock split the shares of IRCTC were trading around 4000 even after a steep decline from its record high of 6369 hit on October 19 2021.
It usually happens following a significant price increase in a stock. StockShare prices IRCTC - Indian Railway Catering Tourism Corp Ltd. BlackRocks core ETF has bought 278794 IRCTC shares at a price of 706 per equity share.
The board of IRCTC approved a stock split in the ratio of 15 on August 12. Provides railway related services. IRCTC the tourism and catering arm of Indian Railways has announced a stock-split in the ratio of 15 to help enhance liquidity in the capital market widen shareholder base.
The primary goal of a stock split is to lower the cost of ownership for shareholders. Amusement Park Catering ISIN code. Even after a significant decrease.
If you had 1 share yesterday the value would be 4130. The recent surge in IRCTCs share price comes on the back of its stock split announcement. Accordingly each stock of IRCTC at a face value of Rs.
The move however is subject to approval from the Ministry of Railways and other.
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