irctc stock price after split
At what price IRCTC will split. IRCTC share price.
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For example if currently an investor has 100 shares of it his shares will become 500 after stock split and price of the stock will also get adjusted according to the ratio.
. Along its Announcement Dates Ex-Split Dates Old Face Value New Face Value. In short stock split is no gain no loss. If you had 1 share yesterday the value would be 4130.
Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis. 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. 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.
This wont affect the company valuations but the price will attract small investors to invest in the company. The IRCTC stock surged 608 per cent to hit a 52-week high of Rs 272795 on the BSE while on the National Stock Exchange NSE it rallied 609 per cent to Rs 272885 during the intraday trade as. After this decision the company did a stock split in the ratio 15 on 28 October 2021.
This means that one share of. After that IRCTCs shares showed a growth of 465. Consequently the face value of each IRCTC share was Rs.
This means that an investor holding one share of IRCTC before the stock split tured into the owner of five shares of the company after the stock. IRCTC today has approved the proposal of Stock Split in the ratio 15. Going by your question Since IRCTC declared the stock split today which made its stock price to surge to an all time high.
After the split the stock price reduces by the split ratio. The small price will create extra volumes in the stock trading. Before the split the share price of IRCTC was 4130 per share.
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. For a split of 1 share at a face value of 10 each into 5 equity shares at a face value of 2 each. 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.
Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. 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. The board of Indian Railway Catering and Tourism Corporation IRCTC on Thursday announced splitting of the companys one equity share into five.
While announcing its Q1 FY2021-22 results the Indian Railway Catering and Tourism Corporation IRCTC management announced to. After the split each shares face value will be Rs 2. 77580 on November 29 2021.
What about IRCTCs split. IRCTC share price was Rs 59495 as on 24 Jun 2022 1020 AM IST. If the price was 100 yesterday after the 15 stock split it would reduce to 20.
Recommended the proposal for sub-division of Companys 1 equity share of face value. 10 which was divided into five equity shares with a face value of Rs. 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.
One stock split price effect. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. In IRCTCs cases every one share held by a shareholder will become five shares.
As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. Not much difference in the value it is almost the same. IRCTC Stock Advances After Stock Split.
The stock price also gets adjusted. 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. After the sub-division of the IRCTC share we might.
The companys board had approved the stock split splitting one share of face value Rs 10 into five shares of Rs 2. The record date had been set as 29 October. 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.
Today after the split the share price opened at 817. You can view the Split history of Indian Railway Catering Tourism Corporation Ltd. After the stock split the market price of IRCTC shares adjusted and it closed at Rs.
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. 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 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.
Before the split the share price of IRCTC was 4130 per share.
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