Irctc News Share Split

Shares of Indian Railway Catering and Tourism Corporation IRCTC hit a new high of Rs 2490 on the BSE as they rallied 7 per cent in the intra-day trade on Monday after the company announced stock split plan. IRCTC Convenience Fee Sharing News.

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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 15.

Irctc news share split

. 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. 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 eachThe board of IRCTC had approved a stock split on August 12. The board of Indian Railway Catering and Tourism Corporation Ltd will meet on August 12 to recommend the proposal for sub-division of companys equity shares. The stock rallied a whopping 148 per cent to.

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 Stock Split. IRCTC Share Split Date IRCTC Share Split News. IRCTC shares crashed more than 27 per cent on the NSE to hit intra day low of Rs 639.

The rally is basically driven by the news that the company could. IRCTC share price. Sub-division of Company. The rationale behind the stock split is to facilitate larger shareholder base to increase the liquidity and to make the.

IRCTC shares turn ex-split. 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. IRCTC board to meet for stock split. In a statement issued on Thursday the board of directors.

Share split from IRCTc Irctc share split news. Everything to know about it Along with the IRCTC stock split the IRCTC board of directors approved unaudited financial results for the June 30th quarter. Shares of IRCTC today surged to a new high of 2727 up over 5 on the BSE. Company going to recommend a share split on this day.

The share has been quoting on an ex-split basis from October 28 2021. IRCTC share price has jumped over 8 per cent in the last five trading sessions. Shares of IRCTC today surged to a new high of 2727 up over 5 on the BSE. The stock surpassed its previous high of Rs 247945 touched on July 20 2021.

While announcing its Q1 FY2021-22 results the Indian Railway Catering and Tourism Corporation IRCTC management announced to split IRCTC shares. 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 till 1119 am. IRCTC is the only organization permitted by Indian Railroads IR to. At 310 pm the shares were trading at Rs 2688 up 45 per cent on the BSE.

IRCTC has given multibagger returns by rising over 5 times since its IPO issue price of 320 per share. However a sign of recovery was seen after the. Irctc share news irctc stock split irctc latest news Rajat Singh - October 25 2021 जय शर कषण THANKS FOR WATCHING Open Your DEMAT Account With Indias No1- Broker UPSTOX In Just 10Mins Also Get FREE ROCKET CALLS ONLY. If you had 1 share of IRCTC at a price of Rs 4500 you will now have 5 shares at Rs 900 each4 new shares will be credited in 4 days after the stock split.

Additionally IRCTC sells online tickets and packaged water in addition to providing catering services for Indian Railways. IRCTCs stock was up 189 percent at Rs 3841. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. 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.

This makes no difference in terms of. According to Livemint post-split the number of shares will increase to 1250000000 from 250000000. IRCTC shares staged a one-way up move after the company announced its decision to split the stock. 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.

Indian Railway Catering and Tourism Corporation IRCTC fixed 29 October 2021 as the record date for the proposed 5-for-1 stock split. IRCTC said the stock split will help enhance liquidity in the capital market widen shareholder base and make the. Irctc will consider their Quarterly results and approve the unaudited Financial Results of the Company for the quarter ended on June 30 2. In IRCTCs cases every one share held by a shareholder will become five shares.

For a split of 1 share. IRCTC while announcing its quarterly earnings in August had also said that its board approved the proposal for a 15 stock split or sub-division of shares. During the trade the stock achieved a high of Rs 3880 and a low of Rs 378555. IRCTC shares surged to a new high of Rs 2727 on the BSE post the share split announcement.

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