irctc stock price split
The stock price also gets adjusted. Stock Market Price Bands And Circuit Breakers.
Irctc Stock Split Splits Stock Equity
The IRCTC stock surged 608 per cent to hit a 52-week high of Rs 272795 on the BSE while on the National Stock Exchange NSE it rallied 609 per cent to Rs 272885 during the intraday trade as the company announced a stock split in the ratio 15.
. IRCTC Share Price Target Forecast for 2022 2023 2025 2030 as per technical charts stock split news and asset monetization plan is increased as per market experts. The IRCTC investors wealth has doubled - a 100 increase - since the announcement. Because who knows why.
The share has been quoting on an ex-split basis from October 28 2021. The record date for IRCTC stock split was later announced as 29 th Oct 2021. Along its Announcement Dates Ex-Split Dates Old Face Value New Face Value.
As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. At what price IRCTC will split. On August 12 IRCTC announced a split of one equity share of the face value of Rs 10 into five equity shares of the face value of Rs 2.
Wide Range Of Investment Choices Including Options Futures and Forex. 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 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.
Shares of Indian Railway Catering and Tourism Corporation IRCTC continued their upward movement in Thursdays session to scale a new high of Rs 559385 on BSE following a 135 per cent rally in the intra-day trade on the back of heavy volumes. Indian Railway Catering and Tourism Corporation IRCTC. Irctc is a strong stock with good fundamentals most brokerages recommends buying a stock for long term for Multibagger returns.
So every single share will become 5 shares. October 28 2021. 5000 on 29 th October 2021 he will be holding 250 shares 505 of IRCTC in his demat account with a.
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. Answer 1 of 9. IRCTC Share Split Date IRCTC Share Split Ratio IRCTC Share Split Price IRCTC Share Split Date 2021.
Ad Search Ex-Dividend Dates Dividend Calendar All-Star Rankings More. Ad Dont miss out on opportunities open an account in 10 minutes. So the next share price target for IRCTC in 2023 is 5000 INR.
The board of IRCTC recommended the proposal for 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 said in a regulatory filing to the stock exchanges. With a feeling that stock is good now as its price was very high before split. So far this year IRCTCs share price has soared 84.
Indian Railway Catering and Tourism Corporation IRCTC shares surged 15 per cent to Rs 94965 on the BSE in intra-day trade on Thursday after the scrip had turned ex-stock split sub-division of equity shares. Irrespective of his purchase price assuming if the stock splits for a price of Rs. IRCTC has fixed Friday October 29 as the record date to ascertain the name of shareholders entitled to the subdivisionsplit of equity shares of Rs 10 each into five equity shares at a face value of Rs 2 each.
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. Total Profit after Tax in June 2021. The fall in the share price ex-split or ex-bonus is to match price levels before.
IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. With a feeling that stock is good now as its. The board of IRCTC had approved a.
Yes IRCTCs share price can hit. Type Dividend Dividend per Share Ex-Dividend Date Announced on. A stock split does increase participation in the stock and results in buying post the split according to.
IRCTC Share Price Today 29 Jul 2022 Live NSEBSE updates on The Economic Times. Once again Retail Idiots look at the price of the stock as indicator for cheap or expensive rather than Market cap or price trend over the years. TO READ THE FULL STORY SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
इडयन रलव कटरग एड टरजम करपरशन IRCTC क बरड न गरवर सटक सपलट क घषण कर द. 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. Ad Do Your Investments Align with Your Goals.
IRCTC share price. IRCTC share price touched a new 52-week high on NSE and BSE on account of a stock split. Find Todays Best Dividend Stocks Ex-dividend Dates and Stock Data.
IRCTC Stock Split. One stock split price effect is augmented shareholder wealth and this seems to have been the case here as well. The decision came on October 28 when the stock of IRCTC split five for one meaning that an investor would get 5 shares for every one share with the value of each share being a fifth of the original price.
IRCTC is a fundamentally strong company and you can invest in this stock even with your eyes closed. If the price was 100 yesterday after the 15 stock split it would reduce to 20. As per the current share price after the stock split the share price estimated to come around 500 to.
Irctc share newsirctc share news todayirctc share latest newsirctc shareirctc share priceirctc share analysisirctc stock analysisirctc share targetir. 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. You can view the Split history of Indian Railway Catering Tourism Corporation Ltd.
Usually a corporate action like a share split or a bonus when happens the share price in the markets will come down when it trades ex- split or ex-bonus. The timing of the decision has also been questioned. Check out why IRCTC share price is up today.
In short stock split is no gain no loss. An Edward Jones Financial Advisor Can Partner Through Lifes MomentsGet Started Today. Quarterly Results Stock Split.
Oct 29 2021 2 Mins Read. Find a Dedicated Financial Advisor Now. Irctc Share Price Touches 52 Week On Earnings Stock Split Announcement In case of IRCTC its a 15 split.
As the stock appears cheap now the retail idiots flock to the stock. Amusement Park Catering ISIN code. Irctc stock price split.
MINT PREMIUM See All. If the approval gets nod from the Ministry of Railways and the existing share holders the IRCTC share price face value would become 2.
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