IRCTC market-cap surpasses Rs1 lakh cr; stock jumps over 7.5%

The stock has hit a new high of Rs6,375.45 on the BSE in the intra-day trade on Tuesday.

Oct 19, 2021 01:10 IST India Infoline News Service

IRCTC
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) today has joined the elite club of companies commanding Rs1 lakh crore market capitalization (m-cap) on the BSE. The stock has hit a new high of Rs6,375.45 on the BSE in the intra-day trade on Tuesday.

The stock has rallied nearly 8% today and has zoomed 33% in the past five trading days.

IRCTC has fixed October 29, 2021, as the record date to ascertain the name of shareholders entitled for subdivision/split of equity shares of Rs10 each into five (5) equity shares of the face value of Rs2 each.

The scrip will turn ex-date for the stock split on October 28, 2021.

Indian Railway Catering & Tourism Corporation Ltd is currently trading at Rs6,319.75 up by Rs442.45 or 7.53% from its previous closing of Rs5,877.30 on the BSE. The scrip opened at Rs6,212 and has touched a high and low of Rs6,375.45 and Rs6,012.75 respectively.

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