irctc stock price split
Before the split the share price of IRCTC was 4130 per share. And if the share price is 5000 then you will get 5 shares of 1000.
Is It Good To Buy Stock Like Irctc At Their Lifetime High Just To Get The Benefits Of Stock Split Quora
IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.
. IRCTC hits new high zooms 141 since August on announcing stock split plan IRCTC has fixed October 29 2021 as the record date to ascertain the name of shareholders entitled for subdivisionsplit of equity shares from Rs 10 to Rs 2. IRCTC share price moved up 10395. This increases the liquidity of the stock by decreasing its stock price thus making it more affordable for investors.
IRCTC share price moved down by 1260. This is generated by an auto feed system and has not been reviewed by the team for corporate events such as. 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.
The board of IRCTC had approved a stock split on August 12. Today after the split the share price opened at 817. Stock split leads to high liquidity.
As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. The move however is subject to approval. 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.
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. Stock has now been splited and now it is trading on higher side and it can move beyond Rs 1200 in a short span. After the split each shares face value will be Rs 2.
Is a digital healthcare company. This in itself is not such a big event as bonus shares issue. 542830 has seen a sharp movement today and is up by 54 as at 0945 AM on 13th May 2022 The stock is currently ruling at 6543 versus its previous close of 62075.
TickerPlant Corporate Data FO Data Historical price volume data. On 1 Jul 2021 the price was around 2060. Now coming specific to IRCTC this is also a multibagger stock.
IRCTC share price trend. MINT PREMIUM See All. IRCTC share price was down by 196 based on previous share price of Rs 7172.
One stock split price effect is augmented shareholder wealth and this seems to have been the case here as well. The share has been quoting on an ex-split basis from October 28 2021. Irctc is fundamentally strong stock and it should be hold for longer term for Multibagger Returns.
Even otherwise IRCTC is a multi-bagger stock. Basically this means that each stock will be split into 5 shares. But splits do raise the stock value in the shorter run.
After this decision the company did a stock split in the ratio 15 on 28 October 2021. Stock Market Price Bands And Circuit Breakers The timing of the decision has also been questioned. If you had 1 share yesterday the value would be 4130.
After the split announcement the stock is now 26502700. 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. Share Price Movement.
5 shares for lower face value 2 instead of one share of higher face value 10. NSE Quotes and Nifty are also real time and licenced from National Stock. Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085.
The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. Yes there was news that IRCTC can split the share. Stock splits and its speculated to be at 500 level I guess so will anyone whos previously bought at above 2000 level shares also go down to the split price.
Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis. IRCTC is a Large Cap company. As per the decision of the IRCTC Board October 28 2021 was set as the ex-date of the Stock split and October 29 2021 was decided as the record date of the stock split.
So in short run irctc should rise up. The company offers ZIO Service a platform which provides wearable. So you will get 5 shares instead of one share.
It may rise to 28002850 level before split happens and then the price will be re-adjusted to 550 levels. 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. For a split of 1 share at a face value of 10 each into 5 equity shares at a face value of 2 each.
IRCTC SHARE IRCTC SHARE PRICE TARGET IRCTC SHARE TARGET IRCTC SHARE NEWS Join Our Telegram Link. IRCTC share price was Rs 69075 as on 09 May 2022 0359 PM IST. 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 a.
IRCTC NSE Symbol. IRCTC share price moved down by 1873. BSE Quotes and Sensex are real-time and licensed from the Bombay Stock Exchange.
Dion Global Solutions Ltd. The stock had hit a record high of Rs1279 adjusted to stock split on October 19 2021 and has doubled investor wealth rising. It focuses on the provision of ambulatory electrocardiogram monitoring for patients at risk for arrhythmias primarily in the United States.
It made a new high today - 2491. IRCTC has declared a stock split of 15 ie. HttpstmeQuickbull Penny SharePENNY STOCK.
The IRCTC investors wealth has doubled - a 100 increase - since the announcement while the Sensex. IRCTC fixes record date for stock split Published on Sep 30 2021 0934 Indian Railway Catering Tourism Corporation has fixed 29 October 2021 as record date for sub-division of equity shares of Rs 10 each into five equity shares of Rs 2 each.
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