irctc stock price after split

A stock split generally results into a bullish run for at least a short period. 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.

Irctc Share Should You Buy After Stock Split Youtube

The share has been quoting on an ex-split basis from October 28 2021.

. The shares began trading at Rs 644 a premium of 10125 percent over the IPO price of Rs 320. Before the split the stock rises some 5 to 10 then a split happens. Before the stock split the shares of IRCTC were trading around Rs4000 even after a steep decline from its record high of Rs6369 hit on October 19 2021.

If you had 1 share yesterday the value would be 4130. After the split each shares face value will be Rs 2. So the same person will be able to own 20 shares of IRCTC.

As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares. A stock split is usually done when the stock price becomes too high. PTI 1 min read.

Should you buy after stock splitWhether one should buy IRCTC shares after stock splitafter stock split of IRCTC Share 15 ratiostock price ma. Answer 1 of 6. What about IRCTCs split.

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. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15. During trading the stock rose 20 percent to a high of Rs 98360 on the BSE.

It may rise to 28002850 level before split happens and then the price will be re-adjusted to 550 levels. 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. The stock of IRCTC had hit a record high of Rs 1279 adjusted to stock split on October 19 2021.

Premium IRCTC stock split wont impact existing share holders as IRCTC share price will also come down in sync with share split after share price adjustment. Irctc Stock Price After Split. IRCTC share price moved down by 625.

Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085. 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 split the stock price reduces by the split ratio.

The railway ticketing monopoly traded ex-split on Thursday. The rise in the shares of IRCTC Indian Railway Catering Tourism Corporation has come after the stock split. Ad Build Your Portfolio Your Way.

On 1 jul 2021 the price was around 2060. Before the split the share price of IRCTC was 4130 per share. 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.

If you had one share irctc at a price of 4500 rupees you will be able to own 5 shares for 900 rupees each. Four new shares will be deposited 4 days after the stock split. 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 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. Post-split the price will be 15th of this. Not much difference in the value it is almost the same.

The small price will create extra volumes in the stock trading. At present the stock is trading at a price of Rs 89610 with an increase of 851 percent. On October 14 2019 IRCTC shares were listed on the stock exchanges.

Now coming specific to IRCTC this is also a multibagger stock. IRCTC share price was Rs 77045 as on 17 Mar 2022 0359 PM IST. On 1 Jul 2021 the price was around 2060.

Aka more participation from people who were staying away from this stock. According to Livemint post-split the number of shares will increase to 1250000000. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021.

Which will make the stock affordable to retail investors now. After the split announcement the stock is now 26502700. IRCTC share price trend.

Today one share of the company got divided into 5 shares. IRCTC share price was up by 029 based on previous share price of Rs 7564. In IRCTCs cases every one share held by a shareholder will become five shares.

This wont affect the company valuations but the price will attract small investors to invest in the company. After the sub-division of the IRCTC share we might. Choose Investments Using 0 Online Stock and ETF Trades.

Today after the split the share price opened at 817.

Is It Good To Buy Stock Like Irctc At Their Lifetime High Just To Get The Benefits Of Stock Split Quora