irctc stock price after split
Following the development shares of IRCTC zoomed as much as 15 per cent to Rs 94965 on Thursday before giving up some gains to trade at 92120 at 945 am. 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.
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It was last trading 5 percent higher at Rs 2693 on BSE.
. The share has been quoting on an ex-split basis from October 28 2021. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. If price of IRCTC share decrease before split then you should definetly buy.
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. Total value no. 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.
So in short run irctc should rise up. The stock split is subject to the approval of. During trading the stock rose 20 percent to a high of Rs 98360 on the BSE.
The rise in the shares of IRCTC Indian Railway Catering Tourism Corporation has come after the stock split. The small price will create extra volumes in the stock trading. When I had invested the share price was at 1357 INR.
Because IRCTC is a fundamentally strong stock and retail investors are continuously investing in this stock. IRCTC share price target in 2022. What do u guys think.
Live BSENSE FO Quote of IRCTC. And I am sure that IRCTC will achieve this target by early 2022. This wont affect the company valuations but the price will attract small investors to invest in the company.
As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. In recent days the IRCTC stock has seen some turbulence falling around 30 per cent from its peak. 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.
IRCTC shares hit 52-week high after stock split announcement. In that time demant of buying will increase so the price of IRCTC share increase. At present the stock is trading at a price of Rs 89610 with an increase of 851 percent.
And the next target of IRCTCshare in 2022 is 5000. 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. So IRCTC is such a stock whose price is increasing and is not taking the name of stopping.
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. 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. 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.
And see today the share price has reached 334315 INR. IRCTC Share Price IRCTC Stock Price IRCTC - Indian Railway Catering Tourism Corp Ltd. Because after split price of per share will very less approx from Rs500 to Rs600.
I have observed that total value drops a little marginally after split. 5000 on 29 th October 2021 he will be holding 250 shares 505 of IRCTC in his demat account with a market price of RS. Of stocks x price per stock.
The move however is subject to approval. After the sub-division of the IRCTC share we might. For topic-wise discussions like Upcoming IPO Daily News Tata Motors ITC Government Actions and 4000 more like these Join our Desi.
The railway ticketing monopoly traded ex-split on Thursday. What will be the target of IRCTC from 2022 to 2030. Irrespective of his purchase price assuming if the stock splits for a price of Rs.
Lets understand the IRCTC stock split with an illustration. In IRCTCs cases every one share held by a shareholder will become five shares. With the sharp rally in IRCTC the stock is now currently trading 1071 per cent higher over its issue price of Rs 320 per share.
Suresh has 50 shares of IRCTC in his demat account which he has purchased for Rs4000 per share. Shares of IRCTC surged 6 percent to hit a 52-week high of Rs 2727. IRCTC had made its stock market debut on October 14 2019.
It made a new high today - 2491. After the split each shares face value will be Rs 2. In the past four months the stock has zoomed 114.
StockShare prices IRCTC - Indian Railway Catering Tourism Corp Ltd. What about IRCTCs split. Today one share of the company got divided into 5 shares.
According to Livemint post-split the number of shares will increase to 1250000000. Irctc stock will rise or fall for the next day just after split. And the stock is consistently performing well.
The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each. Given the high price of the stock the management decided to split the stock. According to experts this sub-division of.
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. Similarly IRCTC stock price would come down at around 500 to 550 from existing 2666 share levels. IRCTC current price is 232495 INR.
The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15. The current price of the IRCTC share is 334315 INR. Stock split leads to high liquidity.
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