The Indian Railway Catering and Tourism Company (IRCTC) set 29 October 2021 because the report date for the proposed 5-for-1 inventory break up.

In August 2021, the corporate’s board really useful the proposal for sub-division of 1 fairness share of face worth of Rs 10 into 5 fairness shares of face worth of Rs 2 (5-for-1).

IRCTC shares have been up 0.77% at Rs 3797.65. The inventory touched a excessive of Rs 3835.70 and a low of Rs 3785.55 in early commerce.

IRCTC, a Mini Ratna Public Sector Enterprise below the executive management of the Ministry of Railways, is the one entity licensed by the Indian Railways (IR) to offer railways, on-line railway tickets and packaged consuming water at railway stations and trains in India. As of 30 June 2021, the Authorities of India held a 67.4% stake within the firm.

IRCTC made a internet revenue of Rs 82.52 crore within the first quarter of FY 2012 as in comparison with a internet lack of Rs 24.6 crore within the first quarter of FY 2012. Income from operations grew 85.3% year-on-year to Rs 243.36 in Q1 FY22 as in comparison with Q1 FY21.

IRCTC shares have been listed on the inventory exchanges on 14 October 2019. The inventory opened at Rs 644, a premium of 101.25% over the preliminary public supply (IPO) worth of Rs 320. The inventory has risen 1086.77% from its IPO worth.

operated by Capital Markets – Reside Information

(This story has not been edited by Enterprise Normal staff and is robotically generated from a syndicated feed.)

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