WebOct 28, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC) rallied 16 percent on Thursday's after the stock turned ex-split. The company had fixed October 29 as the record day for the stock split in the ratio of 1:5. The board of IRCTC had approved a stock split on August 12.Basically, this means that each stock will be split into 5 shares. … WebOct 28, 2024 · The shares of IRCTC surged today as the company stock split came into effect today. IRCTC had set October 29 as the record date for its sub-division of equity shares of Rs 10 each into five equity shares of Rs 2 each. This is why the stock price of IRCTC has decreased even as the company’s shares rallied sharply on the stock exchanges.
IRCTC share price: ₹ 592.65 - Indian Railway Catering and Tourism ...
WebMay 6, 2024 · Share Price Movement. The Stock Split. As per the decision of the IRCTC Board, October 28, 2024, was set as the ex-date of the Stock split, and October 29, 2024, was decided as the record date of the stock split. After this decision, the company did a stock split in the ratio 1:5 on 28 October 2024. WebAug 12, 2024 · As per the proposal, one equity share of the company of the face value Rs 10 will be split into five equity shares of face value Rs 2 each. The same has to be approved … devine and hugh grant
IRCTC approves 1:5 stock split: What it means and how it will …
WebAug 12, 2024 · The proposal has been sent by the IRCTC for Ministry of Railways, shareholders and other approvals. IRCTC Stock Split: The board of Indian Railway Catering and Tourism Corporation (IRCTC) announced the stock split on Thursday. The board has approved a proposal to divide 1 share into 5 equity shares at a face price of Rs 2 at a face … WebAug 12, 2024 04:25 PM IST Apart from stock split, the IRCTC board also approved the unaudited financial results for the quarter which ended on June 30. The board of Indian … WebOct 19, 2024 · IRCTC has fixed October 29, 2024, as the record date to ascertain the name of shareholders entitled for subdivision/split of equity shares of Rs 10 each into five (5) equity shares of the face value of Rs 2 each. The scrip will … devine beauty center