Irctc News

IRCTC Convenience Fee Sharing News. IRCTC respects 20-DMA but analysts unsure if bottom is in place The scrip plummeted 1734 per cent to close at Rs 443295 after IRCTC was banned from trading in NSEs FO segment.

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Ministry of Railways on Friday withdrew its proposal to seek 50 per cent of the convenience fee that IRCTC generates.

Irctc news

. The stock has soared 108677 from its IPO price. As of 1129 am IRCTC shares traded 397 per cent lower at Rs 87750 underperforming the. The stock debuted at Rs 644 a premium of 10125 to the initial public offer IPO price of Rs 320. IRCTC while announcing its quarterly earnings in August had also said that its board approved the proposal for a 15 stock split or sub-division of.

IRCTC board had announced the plan to split the stock on August 12. The stock hit a low of Rs 65010 on BSE taking its fall to 49 per cent from the October 19 high of Rs 127860. This Company Stock Falls 35. The rally is basically driven by the news that the company could.

5 Top Performing PSU Stocks That Delivered Between 198-236 Return In The Last 1-Year. IRCTC share price has jumped over 8 per cent in the last five trading sessions. In a regulatory filing on Thursday IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from. Indian Railway Catering and Tourism Corporation or IRCTC share price today climbed new peak of 3587 per equity share.

However a sign of recovery was seen after the. On hearing news of IRCTC split my uncle created hilarious meme for MRF share StockMarket Investor NIFTY100 Nifty50 Equity Economy HappyInvesting Sensex BSE. Book tickets on Darjeeling DHR Joy ride by searching from DJ to DJRZ or DJ to GHUM. The Railway Board and top officials from the Indian Railway Catering and Tourism Corp Ltd IRCTC are scheduled to meet on October 29 at 4 pm to discuss the.

IRCTC Tejas Express Train no. Ln compliance with the Regulation 30 of Securities and Exchange Board of India Listing. IRCTC stock closed at a record high of Rs 2694 up by 47 or Rs 12175 on the National Stock Exchange NSE around market close. Shares of IRCTC were listed on the bourses on 14 October 2019.

ICICI Securities in a note said that this would straight away reduce revenues and earnings before interest and tax EBIT by 14 per cent and 36 per cent respectively. The Railways has asked its online ticketing arm IRCTC NSE -651 to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the national transporter an arrangement that had been discontinued since the pandemic. Indian Railways Catering and Tourism Corporation IRCTC will share 50 per cent of the revenue from the convenience fee with it the company said today in an exchange filing. MORE IRCTC NEWS.

8290182902 MMCT-ADI-MMCT are available for booking. Among other details IRCTC informed that the revenue-sharing arrangement would be enforced from November 1. The Indian Railways PSU stock opened today with an upside gap of. The scrip hit an intra-day all-time high of Rs 2728 earlier in the day after the management announced its decision for a stock split.

Soon after the Railways Ministry decision seeking 50 per cent of the IRCTC convenience fee became public several analysts noted that this was big negative for shareholders as IRCTC is likely to. IRCTC Share Price Today. The latest will come into effect from November 2021. Get latest IRCTC NewsUpdates and ResultsAnalysis.

Ex-stock split refers to subdivision of the face value of equity shares though the underlying value remains intact Get more Personal Finance News and Business News on Zee Business. Read more about IRCTC cracks 15 as RailMin seeks 50 share of convenience fee on Business Standard. The Indian Railway Catering Tourism Corporation Limited IRCTC on Thursday October 28 announced that the Ministry of Railways has decided to share the revenue IRCTC earns from convenience fees in the ratio of 50. IRCTC is in news and witnessed a strong movement on the exchanges on Thursday after the counter turned into an ex-stock split in the ratio of 15.

IRCTC News Chart Reading. Powered by Capital Market - Live News. 8250182502 LJN-NDLS-LJN and Train no. IRCTC shares crashed more than 27 per cent on the NSE to hit intra day low of Rs 639.

IRCTC share price plummeted 15 on Friday morning to hit the lower circuit as the investors reacted to the governments revenue sharing order. IRCTC Share Split Date IRCTC Share Split News. This has come after Indian Railways has asked its online ticketing arm to share 50 per cent of its revenue earned as. Also get IRCTC ShareStock detailed Information on IRCTC along with top stories and articles on IRCTC during last 6 months.

The fresh development comes after IRCTC stock took a dive earlier in the day falling over 25 per cent on fears of derating amid regulatory risks.

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