irctc stock price after split
In the past three months it has zoomed 105 per. If price of IRCTC share decrease before split then you should definetly buy.
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If I decide to buy IRCTC after the split of 12 and I intend to invest the same amount I will now have 12 shares worth Rs 14916 in totalAt this step it may seem like there is no difference in buying before or after the split.
. After the sub-division of the IRCTC share we might. The company board of Indian Railway Catering and Tourism Corporation IRCTC had approved a stock split in the ratio of 15. After the split announcement the stock is now 26502700.
The current market price of IRCTC is Rs 2486 and if I buy now I will be having 6 shares of IRCTC worth Rs 14916 in total. Should you buy after stock splitWhether one should buy IRCTC shares after stock splitafter stock split of IRCTC Share 15 ratiostock price ma. Four new shares will be deposited 4 days after the stock split.
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. If you had 1 share yesterday the value would be 4130. Because after split price of per share will very less approx from Rs500 to Rs600.
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. According to experts this sub-division of. Not much difference in the value it is almost the same.
The railway ticketing monopoly traded ex-split on Thursday. 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. Say you currently own 100 shares at an average entry price of 1500.
During trading the stock rose 20 percent to a high of Rs 98360 on the BSE. When I had invested the share price was at 1357 INR. The LTP on October 28 ex-split date will come down by 15th.
This wont affect the company valuations but the price will attract small investors to invest in the company. The current price of the IRCTC share is 334315 INR. Today after the split the share price opened at 817.
Today one share of the company got divided into 5 shares. IRCTC - Indian Railway Catering Tourism Corp had last split the face value of its shares from Rs 10 to Rs 2 in 2021. As per the Board of Directors recommendation IRCTC share having a face value of Rs 10 will be split into 5 shares.
So IRCTC is such a stock whose price is increasing and is not taking the name of stopping. The rally is basically driven by the news that the company could announce a share split. Before the split the share price of IRCTC was 4130 per share.
In that time demant of buying will increase so the price of IRCTC share increase. The rise in the shares of IRCTC Indian Railway Catering Tourism Corporation has come after the stock split. It may rise to 28002850 level before split happens and then the price will be re-adjusted to 550 levels.
What will be the target of IRCTC from 2022 to 2030. IRCTC stock price soars to fresh high on likelihood of share split 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. Today you have 5 shares of the same company the value of 5 shares is 5 x 817 4085.
Aka more participation from people who were staying away from this stock. So the same person will be able to own 20 shares of IRCTC. Irctc share buyirctc share pricebuy irctc shareirctc share newsirctc ltd share nseirctc share splitirctc share purchaseirctc share analysisirfc share.
If you had one share IRCTC At a price of 4500 rupees you will be able to own 5 shares for 900 rupees each. 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 shares began trading at Rs 644 a premium of 10125 percent over the IPO price of Rs 320.
IRCTC share price on the NSE jumped 874 per cent or Rs 20050 since July 29 to close at Rs 2495 on August 4. Similarly IRCTC stock price would come down at around 500 to 550 from existing 2666 share levels. 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.
This makes no difference when it comes to the value of the stockJust because the price is 24 cheaper doesnt mean its cheap. On 1 Jul 2021 the price was around 2060. On October 14 2019 IRCTC shares were listed on the stock exchanges.
Now coming specific to IRCTC this is also a multibagger stock. After the split each shares face value will be Rs 2. 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. IRCTC share price target in 2022. At present the stock is trading at a price of Rs 89610 with an increase of 851 percent.
The small price will create extra volumes in the stock trading. Post-split the price will be 15th of this. The share has been quoting on an ex-split basis from October 28 2021.
The stock of IRCTC had hit a record high of Rs 1279 adjusted to stock split on October 19 2021. And see today the share price has reached 334315 INR.
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