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Irctc share splitting

WebOct 29, 2024 · The share of IRCTC has been on a rise after the company decided to split the stock. On August 12, the e-ticketing and catering arm of the Indian Railways announced a split of one equity share of the face value of Rs 10 into five equity shares of the face value of Rs 2. A stock split is usually done to make the stock more affordable for the ... WebOct 28, 2024 · The shares of IRCTC surged today as the company stock split came into effect today. IRCTC had set October 29 as the record date for its sub-division of equity shares of Rs 10 each into five equity shares of Rs 2 each. This is why the stock price of IRCTC has decreased even as the company’s shares rallied sharply on the stock exchanges.

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WebSep 29, 2024 · Since August, IRCTC shares have jumped a whopping 56% after the stock split was announced on August 12. IRCTC's board decided to split the stock in order to … 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 … bitcoin wall street journal https://cortediartu.com

Irctc Shares Hit 52-Week High After Stock Split Announcement

WebIRCTC - Indian Railway Catering & Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2024. The share has been quoting on an ex-split basis from October … WebAug 5, 2024 · On the BSE, IRCTC share price jumped 8.64 per cent to trade at Rs 2,491.40. Earlier on Monday, IRCTC share price hit a 52-week high of Rs 2,535. Notably, the Board of … WebAug 2, 2024 · IRCTC share price: Experts said that the market is speculating that IRCTC share price face value of ₹ 10 may become ₹ 2 or Re 1. IRCTC shares are skyrocketing today after the market... bitcoin wallet with lowest fee

Explained: How Does Stock Split Affect Investors - CNBC TV18

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Irctc share splitting

Upcoming Stock Split In India 2024 - Goodreturns

WebSep 27, 2024 · The share has been quoting on an ex-split basis from July 29, 2024. For the past three years, the company has had a mediocre profit growth rate of 9.45%. The company's sales have grown at a... WebThe BSE Sensex gained 143.66 points, or 0.24 per cent, to close at 59,832.97 on Thursday. The NSE Nifty advanced 42.10 points, or 0.24 per cent, to settle at 17,599.15 for the day. During the ...

Irctc share splitting

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WebOct 29, 2024 · The share of IRCTC has been on a rise after the company decided to split the stock. On August 12, the e-ticketing and catering arm of the Indian Railways announced a … WebNov 26, 2024 · IRCTC share split news also seems to have been well received by retail investors (with capital up to Rs 2 lakh), whose numbers had swelled a significant 20.80% over a month till November 2024. A 5:1 split ratio means the number of IRCTC shares in the market is expected to swell from 25 crores (25,00,00,000) to 125 crores (125,00,00,000).

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, 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...

WebNov 26, 2024 · IRCTC share split news also seems to have been well received by retail investors (with capital up to Rs 2 lakh), whose numbers had swelled a significant 20.80% … WebSep 30, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC) fixed 29 October 2024 as the record date for the proposed 5-for-1 stock split.The company's board in …

WebAug 5, 2024 · On the BSE, IRCTC share price jumped 8.64 per cent to trade at Rs 2,491.40. Earlier on Monday, IRCTC share price hit a 52-week high of Rs 2,535. Notably, the Board of Directors will meet on...

WebWhat will happen after the split up of IRCTC shares? - Quora Answer (1 of 9): Usually, a corporate action like a share split or a bonus when happens, the share price in the markets will come down when it trades ex- split or ex-bonus. The fall in the share price ex-split or ex-bonus is to match price levels before the split. bitcoin wallpaper blackWebSplits Summary IRCTC - Indian Railway Catering & Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2024. The share has been quoting on an ex-split … bitcoin walmart gift cardWebAug 9, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC) have been on a steady rise and are up 17.5 per cent from a month ago. TO READ THE FULL STORY, … dashboard in a day courseWebAug 12, 2024 · The proposal has been sent by the IRCTC for Ministry of Railways, shareholders and other approvals. IRCTC Stock Split: The board of Indian Railway Catering and Tourism Corporation (IRCTC) announced the stock split on Thursday. The board has approved a proposal to divide 1 share into 5 equity shares at a face price of Rs 2 at a face … bitcoin wallstreet onlineWebOct 28, 2024 · Updated: 28 Oct 2024, 01:12 PM IST Livemint Zerodha founder Nithin Kamath comments on IRCTC stock split IRCTC stock split: ‘Every time a company announces a stock split, retail investors... bitcoin wanchaiWebAug 12, 2024 · Shares of IRCTC surged 6 percent to hit a 52-week high of Rs 2,727. It was last trading 5 percent higher at Rs 2,693 on BSE. The stock split is subject to the approval … bitcoin warningWebAug 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, … bitcoin wallpaper apple macbook pro