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1:10 stock split follows strong Q2 results; newly listed stock up 6% | Rises 32% over IPO price in 3 months; what next?

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: 1:10 stock split follows strong Q2 results; newly listed stock up 6% | Rises 32% over IPO price in 3 months; what next?
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Market & Financial Impact: Stock split: The newly listed share traded ex-split on 25 August 2026 for the sub-division of stock in a 1:10 ratio
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Stock market today: Shares of the Cordelia Cruises brand operator, Waterways Leisure Tourism Ltd, have been hitting the headlines for various corporate announcements awarding dividends to shareholders. The tour and travel stock was listed on the BSE and the NSE on July 1, 2026. After a successful listing, the company board declared 1:10 stock split to reach out to the marginal investors, who were unable to invest in the stock due to the price being close to ₹1000. Post-split, the company reported strong Q2 2026 results on Friday, with sustained improvement on both a YoY and QoQ basis. As a result, Waterways Leisure Tourism shares witnessed strong buying during the early morning session on Monday, despite key indices — Sensex, Nifty and Bank Nifty feeling the sell-off heat since morning.

After the announcement of Q2 results 2026 on Friday, Waterways Leisure Tourism share price today opened with an upside gap at ₹107.32 apiece on the NSE and touched an intraday high of ₹111.07 per share within a few minutes of the Opening Bell, clocking an intraday rise of nearly 10% against Friday's close of ₹100.98 per share. However, the stock couldn't sustain the intraday high and came under pressure from profit-booking after the market crash.

According to stock market experts, shares of the Cordelia Cruises brand operator, Waterways Leisure Tourism Ltd, witnessed strong buying during the early morning session on Monday due to the sustained improvement reported in its Q2 2026 results on Friday. They said that Waterways Leisure Tourism's share price is in ₹100 to ₹120 range and predicted a fresh bull trend once it breaks above ₹120 on a closing basis.

Speaking on the Q2 results 2026 of Waterways Leisure Tourism Ltd, Anuj Gupta, a SEBI-registered market expert, said, “The tour and travel company has reported a sustained and improved Q2 number. both YoY and QoQ. The company's revenue during the September 2026 quarter stood at around ₹133 crore, up around 31% YoY against the September 2025 quarter revenue of ₹101.50 crore.”

The SEBI-registered market expert added that the company witnessed sustained demand across its sailings during the quarter, with a load factor of 75.53%. The average ticket price was nearly the same YoY, reflecting similar demand and ticket yields. The combination of higher utilisation and ticket pricing supported the growth in ticket revenue during the quarter.

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Official Publisher Attribution: This report is aggregated from LiveMint. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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