irctc stock price after split
The share has been quoting on an ex-split basis from October 28 2021. The share capital will remain the same at Rs 250 crore while post-split the number of shares will increase to 1250000000.
Irctc Shares Surge To Record High After Board Approves 1 5 Stock Split Check Details Business News
Irctc announces stock spilt.
. Board approves 15 stock split. IRCTC board approved the proposal for a split of 1 share at a face value of Rs 10 each into 5 equality shares at a face value of Rs 2 each the approval of the ministry of railways. The stock of IRCTC had hit a record high of Rs 1279 adjusted to stock split on October 19 2021.
Today after the split the share price opened at 817. The rise in the shares of IRCTC Indian Railway Catering Tourism Corporation has come after the stock split. The operating margin of IRCTC for the current financial year is 2430.
At present the stock is trading at a price of Rs 89610 with an increase of 851 percent. - It tells us how much dividend we will receive in relation to the price of the stock. - This will tell you about the operational efficiency of the company.
Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. What about IRCTCs split. According to Livemint post-split the number of shares will increase to 1250000000.
The current year dividend for IRCTC is Rs 5 and the yield is 003. When I had invested the share price was at 1357 INR. On 1 Jul 2021 the price was around 2060.
The current price of the IRCTC share is 334315 INR. The stock had shot up from its Initial Public Offering price of Rs 370 per share to a peak of Rs 6393 per share within two years a return of almost 20 times. In IRCTCs cases every one share held by a shareholder will become five shares.
Shares of IRCTC surged 6 percent to hit a 52-week high of Rs 2727. The stock price of IRCTC was pretty expensive for small investors but after the split the share price had decreased to around Rs900 making it more alluring for investors. After the sub-division of the IRCTC share we might.
Not much difference in the value it is almost the same. After the split each shares face value will be Rs 2. Now coming specific to IRCTC this is also a multibagger stock.
After the split the stock climbed to its high of 4735 last month. Again speaking of IRCTC someone with Rs 20000 will be able to buy just 4 shares today Rs 4876 being the LTP and may decide against it. Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis.
This was a gain of about 11. As per the current share price after the stock split the share price estimated to come around 500 to 550 from the existing level of 2660. During trading the stock rose 20 percent to a high of Rs 98360 on the BSE.
It may be a trap for those who are waiting for the split believe it or not these people are buying IRCTC at current prices in FOMOa 15 split of a 4k share would end up 800 now as the share is above 5k and after split its going to be above 1000 rupees. IRCTC share price target in 2022. Today one share of the company got divided into 5 shares.
It not only benefits the existing investors by increasing the number of shares they hold it is also good news for future investors who were not able to invest in the stock due to the high stock price. Similarly IRCTC stock price would come down at around 500 to 550 from existing 2666 share levels. And see today the share price has reached 334315 INR.
The stock split is subject to the approval of. Before the split the share price of IRCTC was 4130 per share. Insiders knew about the stock split probably and the stock rose to dizzy heights from Jan21 to Mar21.
Shares of Indian Railway Catering and Tourism Corporation IRCTC rallied 15 per cent to Rs 94965 on the BSE in Thursdays intra-day trade after the scrip turned ex-stock split sub-division of equity shares in ratio of 15. According to experts this sub-division of. Similarly IRCTC stock price would come down at around 500 to 550 from existing 2666 share levels.
It was last trading 5 percent higher at Rs 2693 on BSE. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. What will be the target of IRCTC from 2022 to 2030.
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. 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. As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares.
This wont affect the company valuations but the price will attract small investors to invest in the company. According to experts this sub-division of IRCTS shares wont impact company valuations but it would become easy for small investors to. The small price will create extra volumes in the stock trading.
What about IRCTCs split. So IRCTC is such a stock whose price is increasing and is not taking the name of stopping. IRCTCIRCTC QUICK TRADINGIRCTC STOCK live tradingirctc share newsirctc share priceirctc share latest newsirctc share targetirctc share news today.
IRCTC shares hit 52-week high after stock split announcement. 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. If you had 1 share yesterday the value would be 4130.
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