Financial Insights

IRCTC share trades ex-split, rises 15%

The stock price of Indian Railway Catering and Tourism Corporation (IRCTC) rose 15% on October 28, when the stock was listed.

Indian Railway Catering & Tourism Corp has set October 29 as a deadline to identify the names of shareholders who have the right to split their 10 rupee shares into 5 shares of 2 rupees each.

The company’s board of directors will meet on November 1 to review and approve the unaudited financial results for the second quarter and six months ending September 30, 2021.

At 10:16 am, IRCTC was trading at BSE at Rs 920.00, Rs 94.20, or 11.41%.

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