1:10 Stock Split Alert: Waterways Tourism Announces Split, Small Cap Stock 6.7% Within Week Of Listing
Stock Split Alert: Waterways Leisure Tourism Limited share price ended higher on Friday, July 10, following the announcement of a stock split. The operator of Cordelia Cruises announced a stock split nearly a week after the company debuted on Dalal Street.
Waterways Leisure Tourism share price ended 0.27% higher at Rs 861.75 per share on BSE with a market capitalisation of Rs 6,238.60 crore. The stock had touched an intraday high mark of Rs 883.90 per share and an intraday low mark of Rs 836.75 per share.
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Waterways Leisure Tourism Stock Split
The company's board of directors, on Friday, approved a stock split in the ratio of 1:10. The company had approved "a proposal for sub-division/ split of Nominal value of existing equity shares of Rs. 10 each fully paid-up into 10 (Ten) equity shares having a face value of Re. 1/- (Rupee One only) each, fully paid-up and consequent alteration of Capital Clause of Memorandum of Association of the Company," as per the BSE filing released on Friday.
Every stock representing Leisure Tourism will be sub-divided into 10 each fully paid-up shares. The estimated timeline for the completion of stock split corporate action is nearly three months.
Waterways Leisure Tourism Stock Market Debut
The stock split for Waterways Leisure Tourism has come nearly a week after the company was listed on BSE and NSE. Waterways Leisure Tourism stock has surged nearly 6% since its stock market debut. Waterways Leisure currently operates only one cruise vessel with 796 cabins and it has entered into time charter agreements to make two new additions. One of the vessels will be added in the current financial year.
Waterways Leisure Tourism Share Price Trend
The stock closed higher on Friday. Waterways Leisure Tourism share price touched its 52-week high mark of Rs 908.30 per share on July 9, 2026. The stock dipped to its 52-week low mark of Rs 623.30 per share on July 1, 2026. The company currently has limited free float with promoters still holding nearly 89% stake Waterways Leisure after the IPO.
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