Irctc News Share Split

Ad 1000 Strong Buy Stocks that Double the SP. 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.

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1 day agoIRCTC 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 eachThe board of IRCTC had approved a stock split on August 12.

Irctc news share split

. IRCTC board had announced the plan to split the stock. IRCTC SHARE NEWS IRCTC STOCK SPLIT IRCTC LATEST NEWS. While announcing its Q1 FY2021-22 results the Indian Railway Catering and Tourism Corporation IRCTC management announced to split IRCTC shares into 15. Ad Get the Ultimate In Financial News and Analysis With Bloomberg.

Data news and analytics through innovative technology. The stock split will help enhance liquidity in the capital market widen shareholder base. Indian Railway Catering and Tourism Corporation IRCTC fixed 29 October 2021 as the record date for the proposed 5-for-1 stock split. The trading volumes on the counter more-than-doubled today with a combined 702 million equity shares.

IRCTC has given multibagger returns by rising over 5 times since its IPO issue price of 320 per share. The companys board in August 2021 recommended the proposal for sub-division of one equity share of face value of Rs 10 each into five equity shares. In the morning trade after the IRCTC Share split decision generally was announced the stock was up almost 3 percent from a low of Rs 2605 to a sort of high of Rs 2728 an all-time high which specifically is fairly significant. Data news and analytics through innovative technology.

Since August the market price of IRCTC has more than doubled or risen 141 per cent after the company on July 30 2021 announced a stock split. 21 hours agoIRCTC is in news and witnessed a strong movement on the exchanges on Thursday after the counter turned into an ex-stock split in the ratio of 15. Heres all you need to know how a stock split works Premium The stock price of ITCTC was pretty expensive for small investors but after the split the share price had. Ex-stock split refers to subdivision of the face value of equity shares though the underlying value remains intact Get more Personal Finance News and Business News.

जय शर कषण. The board of IRCTC had approved a stock split on August 12Basically this means that each stock will be split into 5 shares. 20 hours agoIRCTC Will Split Convenience Fee From Ticketing Revenues With Railway Ministry On A 5050 Basis IRCTC is the sole entity authorised by the Indian Railways to facilitate the booking of. IRCTC share price has jumped over 8 per cent in the last five trading sessions.

Indian Railway Catering Tourism Corp has fixed. IRCTC Share Split Date IRCTC Share Split News. The rationale behind the stock split. Indian Railway Catering Tourism Corp IRCTC share price rose 15 percent on October 28 as the stock traded ex-split.

The authorised share capital will remain the same at 250 crore while post-split the number of shares will increase to 1250000000 face value of 2-each from 250000000 IRCTC. The number of shares would increase to 1250000000 from 250000000 after the split according to reports. The company had fixed October 29 as the record day for the stock split in the ratio of 15. According to Livemint post-split the number of shares will increase to 1250000000 from 250000000.

Irctc share news irctc stock split irctc latest news share market latest news today india 3 hours ago Small Business Saturday Joint News Conference. Shares of Indian Railway Catering and Tourism Corporation IRCTC rallied 16 percent on Thursdays after the stock turned ex-split. In IRCTCs cases every one share held by a shareholder will become five shares. IRCTC shares turn ex-split.

The rally is basically driven by the news that the company. 1 day agoMoneycontrol News. In the case of IRCTC each shareholders one share will be multiplied by five. IRCTC share price.

1 day agoStarting 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. Indian Railway Catering and Tourism Corporation IRCTC is in the news as it witnessed a strong move on the exchange on Thursday after the counter turned into a 1. Ad Get the Ultimate In Financial News and Analysis With Bloomberg.

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