Irctc Share

Julia Lynch

29 Oct, 2021

IRCTC shares became ex-split on Thursday after the board approved a 15 stock split on August 12 to help increase capital market liquidity broaden shareholder base and make shares more. In a major setback the stock price of the Indian Railway Catering and Tourism Corporation IRCTC plunged sharply on the stock market on Wednesday.

Irctc Share Price Rises Upto 15 After Split Into 5

Indian Rail IRCTC share price forecast targets for long-term is an uptrend and nearest possible share price targets are or even 639630 The stock price is currently trading at 462255 However if the trend reverses from this point then possible future share price targets could be 2722 2515 2332 2206 2086 1915 1765 1664 1568 1482.

Irctc share. The record date has been set as October 29 Friday for the sub-division of equity shares of 10 each. Yes IRCTCs share price can hit 5000 INR by the end of 2023. Is it time to press panic button.

IRCTC share price IRCTC IRCTC shares IRCTC stock IRCTC news IRCTC shareholders IRCTC share price target Whats moving Sensex and Nifty Track latest market news stock tips and expert advice on ETMarkets. Indian Railway Catering And Tourism Corporation Ltd Live BSE Share Price today Irctc latest news 542830 announcements. IRCTC falls 32 from record high.

Please do your own analysis before taking any trade on them. Whatever charts or levels sharing here are just for educational purpose only not a recommendation. IRCTC will now share the revenue earned from convenience fees in the ratio of 50.

Indian Railways currently earns from a slew of sources. At the time of closing the share had tumbled over Rs 1020 or 1871 per cent to Rs 443235. Indias state-run companies may move after the government asked e-ticketing platform IRCTC to share half of its revenue earned from convenience fees with Indian Railways from Nov.

Irctc financial results Irctc shareholding Irctc annual reports Irctc pledge Irctc insider trading and compare with peer companies. Answer 1 of 7. Is it time to press panic button.

Earlier in the day IRCTC shares had hit a record high of Rs 6393 gaining over 7 with its market capitalization. IRCTC State Bank of India Bank of Baroda ONGC. IRCTC being a monopoly business and india being a home to such a big population as a mass transport should have a very bright future This type of stocks are the most safest way of investing as the risk are very less Fundamentals everyone knows its a profit making sector he.

There is a possibility that by 2025 private companies can also come into the market to compete with IRCTC. IRCTC share price plummeted 15 on Friday morning to hit the lower circuit as the investors reacted to the governments revenue sharing order. NSEIRCTC irctc share came down from our harmonic resistance now heading towards support level if find support and reversal then go for swing or positional again from those levels.

IRCTC share price slide continues falls 18. Usually a corporate action like a share split or a bonus when happens the share price in the markets will come down when it trades ex- split or ex-bonus. Government owns a 674 stake in IRCTC.

The share were trading 315 lower at 885share at 1117 am. Check IRCTC share price financial data and complete stock analysisGet IRCTC stock rating based on quarterly result profit and loss account balance sheet shareholding pattern and annual report. While announcing its Q1 FY2021-22 results the Indian Railway Catering and Tourism Corporation IRCTC management announced to split IRCTC shares.

In 2014-15 when the revenue sharing ratio was 20-80 the Railways online ticketing and. Notably the stock saw a. Shares of Indian Railway Catering and Tourism Corporation IRCTC witnessed a sudden slump of Rs 1400 or 15 towards Rs 4995 per share in Tuesdays trading session after hitting a record high in early deals.

IRCTC share price. IRCTC falls 32 from record high. Starting Thursday IRCTC shares were split in the ratio of 15 sub-dividing the face value of share from Rs 10 per share to Rs 2 per share.

In the case of IRCTC the presen. IRCTC shares were up 1174 to close at 923 on NSE as the stock traded ex-split today. The Railways however gave up its share.

If this happens then it can have an impact on both the business and the share of IRCTC. Railway Ministry will now take a slice of convenience fees collected by IRCTC in the ratio of 50. IRCTC market cap hits Rs 1 lakh crore.

Share price ends 8 lower. The fee is not part of the rail fare. The ministry of railways has conveyed its decision to share the revenue earned from the convenience fee collected by IRCTC in the ratio of 5050 with effect from November 1 IRCTC said in a notice to the stock exchanges.

IRCTC had earned Rs 34964 crore in 2019-20. IRCTC board had announced the plan to split the stock. The IRCTC began charging the fee again during the coronavirus crisis mainly to boost its revenues during the slowdown.

IRCTC investors are now worried that sharing. Answer 1 of 2. For fastest news alerts on financial markets.

IRCTC share price target in 2025. On Thursday the IRCTC said that the Ministry of Railways has asked the company to share 50 of the revenues earned by it from. It is for the service of online ticket booking offered by the IRCTC.

Before 2014 there was no sharing of service charge between IRCTC and the. The stock closed at Rs 5363 apiece down more than 8. Expert says avoid buying on dips.

The fall in the share price ex-split or ex-bonus is to match price levels before the split.

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