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Irctc splits

WebAug 12, 2024 · IRCTC's stock increased by 6% to a 52-week high of Rs 2,727. On the BSE, it was last trading at Rs 2,693, up 5%. The stock split must be approved by the ministry of railways and the Indian government. WebThe board of Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday announced splitting of the company's one equity share into five. This means that one …

IRCTC share price at new record high, above Rs 6000, mcap tops …

WebOct 20, 2024 · IRCTC plummets 32% from record high after rallying nearly 300% in 6 months ... A stock split is generally undertaken to make the stock more affordable to small retail investors and increase liquidity. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. WebStock split leads to high liquidity. So in short run, irctc should rise up. It made a new high today - 2491. Stock splits and it’s speculated to be at 500 level I guess, so will anyone who’s previously bought at above 2000 level shares also go down to the split price? los angeles hotels ca https://omnimarkglobal.com

IRCTC Share Price, Financials and Stock Analysis - Finology

WebAug 16, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC) along with its quarterly results announced a 1:5 stock split to "help increase liquidity in the capital market, broaden shareholder base, and make shares accessible to small investors." One IRCTC share with a face value of Rs 10 will be split into five shares of face value of Rs two each. WebAug 12, 2024 · IRCTC said the stock split will help enhance liquidity in the capital market. It will also widen the shareholder base and make the shares affordable to the retail investors. WebAug 12, 2024 · IRCTC has given multibagger returns by rising over 5 times since its IPO issue price of ₹ 320 per share. The stock split will help enhance liquidity in the capital market, widen shareholder base ... los angeles hookah lounge

IRCTC - Indian Railway Catering & Tourism Corp Splits > …

Category:IRCTC approves 1:5 stock split: What it means and how it will …

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Irctc splits

IRCTC share price at new record high, above Rs 6000, mcap tops …

WebAug 12, 2024 · IRCTC, the tourism and catering arm of Indian Railways, has announced a stock-split in the ratio of 1:5 "to help enhance liquidity in the capital market, widen shareholder base and make the... WebAug 12, 2024 · IRCTC said the stock split will help enhance liquidity in the capital market. It will also widen the shareholder base and make the shares affordable to the retail investors. Meanwhile, IRCTC...

Irctc splits

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WebOct 20, 2024 · The company has fixed 29 October 2024, as the record date to ascertain the name of shareholders entitled for subdivision or split of shares of Rs 10 each into five equity shares of the face value... WebOct 28, 2024 · The number of shares would increase to 125,00,00,000 from 25,00,00,000 after the split, according to reports. On October 14, 2024, IRCTC shares were listed on the stock exchanges. The shares began ...

WebIRCTC stock has been hogging the limelight in the last few weeks mainly due to two reasons. Firstly due to the proposed IRCTC stock split and secondly due to its stellar run … WebAug 12, 2024 · Indian Railway Catering & Tourism Corp (IRCTC) share price touched a 52-week high of Rs 2,727.95, rising 6 percent intraday on August 12 after the company …

WebSep 30, 2024 · IRCTC, a Mini Ratna public sector enterprise under the administrative control of Ministry of Railways, is the sole entity authorized by Indian Railways (IR) to provide … WebAug 5, 2024 · IRCTC Share Split Date, IRCTC Share Split News: IRCTC share price has jumped over 8 per cent in the last five trading sessions. The rally is basically driven by the …

WebThe current market price of IRCTC is Rs 2486 and if I buy now I will be having 6 shares of IRCTC worth Rs 14916 in total. If I decide to buy IRCTC after the split of 1:2 and I intend to invest the same amount, I will now have 12 shares worth Rs 14916 in total.At this step it may seem like there is no difference in buying before or after the split.

WebAug 12, 2024 · IRCTC's stock increased by 6% to a 52-week high of Rs 2,727. On the BSE, it was last trading at Rs 2,693, up 5%. The stock split must be approved by the ministry of … los angeles hop on hop off tourWebAug 13, 2024 · Indian Railway Catering and Tourism Corporation aka IRCTC announced a stock split to 1:5 ratio. The share face value to be reduced to ₹2 from ₹10 after the sub … los angeles hotels near sofiWebOct 19, 2024 · On 30 July 2024, IRCTC announced a stock split plan. In the following month, the board of IRCTC approved a stock split in the ratio of 1:5. IRCTC has fixed 29 October 2024, as the record date to ... los angeles hotel room serviceWebToday, IRCTC saw a big move! What is the reason for that? What could be the expected price movements in the future? How big is the impact on revenue due to c... horizon uniforms san antonioWebMay 6, 2024 · IRCTC Stock Split: What it means for investors? Financial Performance of IRCTC. By offering multi-service results to both domestic and international customers, … los angeles hotel koreatownWebAug 2, 2024 · IRCTC is the only entity authorised by the Indian Railways to provide catering services to railways. Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 2,490 on the BSE as they rallied 7 per cent in the intra-day trade on Monday after the company announced stock split horizon unit fairfield hospital buryWebOct 28, 2024 · IRCTC 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 1:5. 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. los angeles hotels near venice beach