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Irctc Split Share

IRCTC Share Split. Irctc Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on August 12 21.


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1 day 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.

Irctc split share. While announcing its Q1 FY2021-22 results the Indian Railway Catering and Tourism Corporation IRCTC management announced to split IRCTC shares. 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. Collection of Irctc news share split Since August the market price of IRCTC has more than doubled after the company on July 30 2021 announced a stock split planOn August 12 2021 the board of IRCTC approved a stock split in the ratio of 15 to enhance the liquidity in the capital market widen the shareholder base and make the shares affordable to small investors.

Irctc stock split date irctc stock split ratio irctc stock split price. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. The company had fixed October 29.

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. According to Livemint post-split the number of shares will increase to 1250000000 from 250000000. The stock split will help enhance liquidity in the capital market widen shareholder base.

In IRCTCs cases every one share held by a shareholder will become five shares. Irctc fixes oct 29 as record date for stock split. Irctc will consider their Quarterly results and approve the unaudited Financial Results of the Company for the quarter ended on June 30 2.

By Adrian Lindsay at October 29 2021. Indian Railway Catering and Tourism Corporation IRCTC fixed 29 October 2021 as the record date for the proposed 5-for-1 stock split. Shares of the Indian Railway Catering and Tourism Corporation IRCTC on Thursday rallied up to 15 to hit an intraday high of Rs 98360 after the stock started trading ex-split.

IRCTC share price. 1 day ago irctc will split convenience fee from ticketing revenues with railway ministry on a 5050 basis irctc is the sole entity authorised by the. 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 on Zee Business.

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 of face value of Rs 2 each 5-for-1. Irctc News Share Split IRCTC Starts OTP-Based Refund For Cancelled Tickets The board of directors of the indian railway catering and tourism corporation irctc had previously declared that the companys one equity. 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.

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 rationale behind the stock split is to facilitate larger shareholder base to increase the liquidity and to make the.

Shares of the company particularly were trading 47 for all intents and purposes higher on NSE at Rs 2693. Answer 1 of 7. 1 day agoMoneycontrol News.

The share has been quoting on an ex-split basis from October 28 2021. The board of indian railway catering and tourism corporation irctc on thursday announced splitting of the companys one equity share into. 1 day ago the share of irctc has been on a rise after the company decided to split the stock.

While announcing its Q1 FY2021-22 results the Indian Railway Catering and Tourism Corporation IRCTC management announced to split. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15. 1 day agoThe railway ticketing monopoly traded ex-split on Thursday.

The fall in the share price ex-split or ex-bonus is to match price levels before the split. The record date of irctc shares is 29 october get more markets news and business news on. In the case of IRCTC the presen.

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. Share of indian railway catering tourism corporation irctc were. Company going to recommend a.

As of 1216 pm the IRCTC shares traded 17 higher at Rs 966 outperforming the Sensex which was down 15. Irctc share split irctc q1 Results 2021 irctc share latest news irctc share news today irctc share price irctc share analysis irctc share future irctc share latest news today irctc share price today irctc share today irctc share news irctc share after 5 years irctc share analysis in telugu irctc share advice irctc ofs price irctc. 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.

Today irctc saw a big move. Shares of Indian Railway Catering and Tourism Corporation IRCTC rallied 16 percent on Thursdays after the stock turned ex-split. Share split from IRCTc Irctc share split news.

IRCTC has given multibagger returns by rising over 5 times since its IPO issue price of 320 per share.


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