irctc stock price after split

And on November 18 exactly one month after shooting to a record high the stock price closed at an affordable Rs 89070 on the 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.

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Following the development shares of IRCTC zoomed as much as 15 per cent to Rs 94965 on Thursday before giving up.

. Stock has now been splited and now it is trading on higher side and it can move beyond Rs 1200 in a short span. Irctc is fundamentally strong stock and it should be hold for longer term for Multibagger Returns. The stock split will see the face value of IRCTCs share drop from Rs 10 each to Rs 2 each.

The move however is subject to approval from the Ministry of Railways and other shareholders. Not much difference in the value it is almost the same. The IRCTC IPO made an all-time high of 272795 on the indices on August 12 after the quarterly results and the stock split announcement.

The IRCTC share increased more tha 700 against their IPO price of 320. 10 was split into five equity shares with a. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.

Before the split the share price of IRCTC was 4130 per share. 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. TO READ THE FULL STORY SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

IRCTC SHARE IRCTC SHARE PRICE TARGET IRCTC SHARE TARGET IRCTC SHARE NEWS Join Our Telegram Link. After the split the stock price reduces by the split ratio. If you had 1 share yesterday the value would be 4130.

Total Profit after Tax in June 2021. This video only for educational and knowledge purpose before taking any decision please co. Yes IRCTCs share price can hit 5000 INR by the end of 2023.

Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. IRCTC is a fundamentally strong company and you can invest in this stock even with your eyes closed. After the split the stock price reduces by the split ratio.

A stock split is usually done when the stock price becomes too high and dissuading small investors because of the high price of a single share. 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. 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 split each shares face value will be Rs 2. The split reduces the apparent market price and makes it affordable. You can view the Split history of Indian Railway Catering Tourism Corporation Ltd.

Before the split the share price of IRCTC was 4130 per share. The IRCTC share increased more tha 700 against their IPO price of 320. A stock split is usually done when the stock price becomes too high and dissuading small investors because of the high price of a single share.

IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to. HttpstmeQuickbull Penny SharePENNY STO. Irctc share price target is Rs 8200 1400 after split within a year as per stock momentum and chart analysis.

Today after the split the share price opened at 817. Stockmarket sensex bonusshare DISCLAIMER. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15.

The company reported a net profit of 8252 crore which was loss of 2460 in the same period YOY. June 2021 Total Income of IRCTC. More number of shares in the market to trade.

The company reported a net profit of 8252 crore which was loss of 2460 in the same period YOY. The IRCTC IPO made an all-time high of 272795 on the indices on August 12 after the quarterly results and the stock split announcement. 57540 127 Offer Price Qty 57560 90 Splits Summary.

The recommendation for IRCTC share split is subject to the approval of the Ministry of. The split reduces the apparent market price and makes it affordable. Before the split the stock rises some 5 to 10 then a split happens.

Along its Announcement Dates Ex-Split Dates Old Face Value New Face Value. 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. So the next share price target for IRCTC in 2023 is 5000 INR.

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 2080 over a month till November 2021. 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. Enter the characters shown in the image.

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Buyback Price 3200rs Cmp 2200 Rs Target 3500rs Strong Fundamental Fundamental Development The Creator