IRCTC hits new high, zooms 141% since August on announcing stock split plan

IRCTC has fixed October 29, 2021, as the record date, to ascertain the name of shareholders entitled for subdivision/split of equity shares from Rs 10 to Rs 2

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) continued their upward movement in Thursday's session to scale a new high of Rs 5,593.85 on BSE, following a 13.5 per cent rally in the intra-day trade on the back of heavy volumes.

At 01:37 pm, the stock of the state-owned travel support services company was quoting 12 per cent higher at Rs 5,532, as compared to a 0.50 per cent rise in the S&P BSE Sensex. The trading volumes on the counter jumped nearly 1.5 times, with a combined 11.73 million equity shares having changed hands on the NSE and BSE