Stock Split: A Case of IRCTC
Case Code: FINC189 Case Length: 8 Pages Period: 2020-21 Pub Date: 2022 Teaching Note: Available |
Price: Rs.300 Organization: Indian Railway Catering and Tourism Corporation Limited (IRCTC), Industry: Travel & Tourism Countries: India Themes: Stock Split, Corporate Finance |
Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
On October 28, 2021, the shares of the Indian Railway Catering and Tourism Corporation Limited (IRCTC) were split into a 1:5 ratio based on a decision taken earlier in August 2021. After the stock split, the market price of IRCTC shares adjusted and it closed at Rs. 775.80 on November 29, 2021. After that, IRCTC’s shares showed a growth of 4.65% and reached Rs. 811.95 on December 1, 2021...
Buy this case study (Please select any one of the payment options)
Price: Rs.300 |
Price: Rs.300 | PayPal (7 USD) |
Custom Search