IRCTC rallies 19% intraday on BSE as counter turns ex-split - buy or avoid? Analyst spells strategy
Ex-stock split refers to subdivision of the face value of equity shares, though the underlying value remains intact. The decision on division of shares was taken by the board of IRCTC on 12 August 2021. The record date of IRCTC shares is 29 October
On the intraday basis, it achieved a high of Rs 983.60, gaining as much as Rs 157 or over 19 per cent from the previous closing price. Source: Reuters