irctc stock price split

The shares of IRCTC have been split 15 which means if you had 1 share of the company yesterday you would have 5 shares of the company today. Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis.

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In short stock split is no gain no loss.

. The shares of IRCTC have been split 15 which means if you had 1 share of the company yesterday you would have 5 shares of the company today. IRCTC share price moved up 2825. 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.

The IRCTC investors wealth has doubled - a 100 increase - since the announcement while the Sensex. The board has approved a proposal to divide 1 share into 5 equity shares at a face price of Rs 2 at a face price of Rs 10. Recommended the proposal for sub-division of Companys 1 equity share of face value.

IRCTC share price was Rs 63890 as on 05 Aug 2022 0904 AM IST. The stock had hit a record high of Rs1279 adjusted to stock split on October 19 2021 and has doubled investor wealth rising. The move however is subject to approval from the.

Before the stock split the shares of IRCTC were trading around 4000 even after a steep decline from its record high of 6369 hit on October 19 2021. Usually when shares of a company become very high priced small investors are not able to invest in those shares. IRCTC share price was down by 002 based on previous share price of Rs 64215.

Following this decision on October 28 2021 the company did the stock split in the ratio of 15. The company as fix record date for stock split. IRCTC share price trend.

But I think the share price may reach between 8000 INR and 10000 INR by the end of 2025. So the next share price target of IRCTC in 2025 is 8000 INR. Accordingly each stock of IRCTC at a face value of Rs.

As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. Telegram - httpstmeG0kGhx3O26M2ZmI1sanjivbhasin toppicks buy sharemarketbasicsforbeginners sharemarkettips sharemarketintamil sharemarketbasics2. This meant that an investor holding a single share of IRCTC before the share split became the owner of five shares of the company after the stock split.

It benefits current investors by raising the number of shares they own but it also benefits future investors who were unable to invest in the company because of its high price. The company has a debt of about 192202 crores in 2021. Stock has now been splited and now it is trading on higher side and it can move beyond Rs 1200 in a short span.

10 was split into five equity shares with a face value of Rs. In short stock split is no gain no loss. The stock price also gets adjusted.

IRCTC share price moved down by 1145. The share capital will remain the same at Rs 250 crore while post-split the number of shares will increase to 1250000000 face value of Rs 2- each from 250000000. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.

IRCTC Stock Split. The stock price also gets adjusted. As you also know that every company takes a loan and IRCTC has also taken a loan.

IRCTC share price touches 52-week on earnings stock split announcement The company has reported a net profit of Rs 8252 crore in the quarter ended June 2021 against loss of Rs 246 crore. If the price was 100 yesterday after the 15 stock split it would reduce to 20. After the split each shares face value will be Rs 2.

IRCTC Ipo in October 2019 Ipo price is Rs 320 This is multi-bagger stock after some days its Raise Rs 2694. After that IRCTCs shares showed a growth of 465. Indian Railway Catering and Tourism Corporation IRCTC fixed 29 October 2021 as the record date for the proposed 5-for-1 stock split.

For a split of 1 share at a face value of 10 each into 5 equity shares at a face value of 2 each. If the price was 100 yesterday after the 15 stock split it would reduce to 20. Irctc is fundamentally strong stock and it should be hold for longer term for Multibagger Returns.

Basically this means that each stock will be split into 5 shares. IRCTCs stock price was extremely expensive for small investors before the split but following the split the share price dropped to roughly Rs 900 making it more appealing to investors. 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.

इडयन रलव कटरग एड टरजम करपरशन IRCTC क बरड न गरवर सटक सपलट क घषण कर द. 77580 on November 29 2021. बरड न 10 रपय क अकत मलय पर 1 शयर क 2 रपय क अकत मलय पर 5 इकवट शयर.

IRCTC Stock Split. The board of Indian Railway Catering and Tourism Corporation IRCTC announced the stock split on Thursday. 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.

Along its Announcement Dates Ex-Split Dates Old Face Value New Face Value. The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. 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 share has been quoting on an ex-split basis from October 28 2021. One stock split price effect is augmented shareholder wealth and this seems to have been the case here as well. This increases the liquidity of the stock by decreasing its stock price thus making it more affordable for investors.

IRCTC share price moved up by 1105. You can view the Split history of Indian Railway Catering Tourism Corporation Ltd. On October 28 2021 the shares of the Indian Railway Catering and Tourism Corporation Limited IRCTC were split into a 15 ratio based on a decision taken earlier in August 2021.

The board of IRCTC had approved a stock split on August 12. After the stock split the market price of IRCTC shares adjusted and it closed at Rs.

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