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IRCTC surges 7%, hits fresh record high as board to consider stock split

The board of directors of the Company is scheduled to meet on August 12, 2021 to consider stock split

IRCTC surges 7%, hits fresh record high as board to consider stock split
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IRCTC is the only entity authorised by the Indian Railways to provide catering services to railways

SI Reporter Mumbai
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 2,490 on the BSE as they rallied 7 per cent in the intra-day trade on Monday after the company announced stock split plan. The stock surpassed its previous high of Rs 2,479.45, touched on July 20, 2021.

"The board of directors of the Company is scheduled to meet on August 12, 2021 to recommend the proposal for sub-division of Company's equity shares of face value of Rs 10 each and matters related thereto, subject to the approval of Ministry of Railways, Government of lndia

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