irctc stock price split
Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. BONUS छड SHORT TERM TARGET बड ह IRCTC SHARE NEWS IRCTC SHARE NEWS TODAY IRCTC STOCK NEWSBackup Channel - httpswww.
Irctc Share Price Touches 52 Week On Earnings Stock Split Announcement
In case of IRCTC its a 15 split.
. So every single share will become 5 shares. Oct 29 2021 2 Mins Read. If the approval gets nod from the Ministry of Railways and the existing share holders the IRCTC share price face value would become 2.
What happened in few stocks as split benefits like SRF 41 process. 10 into five equity shares of Rs. The company made their announcement of the stock split with their quarterly results.
Choose Investments Using 0 Online Stock and ETF Trades. After the split announcement the stock is now 26502700. Before the stock split IRCTCs stock had reached a record high of Rs.
Basically this means that each stock will be split into 5 shares. Indian Railway Catering and Tourism Corporation aka IRCTC announced a stock split to 15 ratio. This increases the liquidity of the stock by decreasing its stock price thus making it more affordable for investors.
Before the split the share price of IRCTC was 4130 per share. MINT PREMIUM See All. The stock split is subject to approval from the Ministry of Railways.
It was last trading 5 percent higher at Rs 2693 on BSE. That means the actual price was split up to 5 times. The railway ticketing monopoly traded ex-split on Thursday.
On 1 Jul 2021 the price was around 2060. 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. The shares began trading at Rs 644 a premium of 10125 percent over the IPO price of Rs 320.
The IRCTC stock saw a 15 per cent rise during the trading session despite a large fall in the broader markets. Starting Thursday IRCTC shares were split in the ratio of 15 sub-dividing the face value of share from Rs 10 per share to Rs 2 per share. The record date has been established for Friday 29 October 2021 for the subdivision of one equity share of Rs.
The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15. It may rise to 28002850 level before split happens and then the price will be re-adjusted to 550 levels. That means on that day 13th of October 2021 this stock SRF brought a new trading call.
The share has been quoting on an ex-split basis from October 28 2021. The board of IRCTC had approved a stock split on August 12. Shares of Indian Railway Catering and Tourism Corporation IRCTC hit a new high of Rs 4512 after surging 8 per cent on the BSE in Wednesdays intra-day trade on the back of heavy volumes ahead of 15 stock split.
The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. If you had 1 share yesterday the value would be 4130. Now coming specific to IRCTC this is also a multibagger stock.
The board of directors of the firm will meet on 1 November 2021 to. Ad Build Your Portfolio Your Way. Answer 1 of 8.
233130 by July 2021. Indian Railway Catering and Tourism Corporations stock has been split in the ratio. One stock split price effect is augmented shareholder wealth and this seems to have been the case here as well.
Indian Railway Catering Tourism Corporation IRCTC increased by 15 on 28 October 2021 when the shares traded ex-split. The move however is subject to approval. In other words if you hold 100 shares they will become 500.
The stock had hit a record high of Rs1279 adjusted to stock split on October 19 2021 and has doubled investor wealth rising. On October 14 2019 IRCTC shares were listed on the stock exchanges. This means that one.
IRCTC board had announced the plan to split the stock. From its IPO price the stock. The growth story of IRCTC stock continued and the share price touched Rs.
Starting today 28 October IRCTC shares were split in the ratio of 15 sub-dividing the face value of the share from 10 per share to 2. The trading volumes on the counter more-than-doubled today with a combined 702 million equity shares having changed hands on the NSE and BSE. Vijay Prajapati August 13 2021.
Today after the split the share price opened at 817. The IRCTC investors wealth has doubled - a 100 increase - since the announcement while the Sensex. The stock split is subject to the approval of.
Shares of IRCTC surged 6 percent to hit a 52-week high of Rs 2727. 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. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.
6369 on October 14 2019. The share face value to be reduced to 2 from 10 after the sub division of IRCTC share. Put simply not many people can afford it.
Suppose its value was 12000. 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 board of Indian Railway Catering and Tourism Corporation IRCTC on Thursday announced splitting of the companys one equity share into five.
A company does it when the share price becomes prohibitive. By Yashi Gupta Aug 12 2021 0617 PM IST Updated Mini. The companys management decided to go in for a stock split in October 2021.
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