1. India Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
HB Estate Developers Limited

HB Estate Developers Limited

75.00
INR
-5.99
(-7.40%)
5.76EPS
13.93P/E
1.87BMarket Cap

Latest Stock Split

Mar 13, 2018

3:5

For every 5 shares held, investors received 3. The price per share adjusted from $26.40 to $44.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Mar 13, 2018
    Before$26.40
    Split ratio3:5
    After$44.00
    Reverse

About HB Estate Developers Limited stock splits

HB Estate Developers Limited (BSE:HBESD) operates in the Hotels/Resorts/Cruise lines industry.

HB Estate Developers Limited company overview

When did HB Estate Developers Limited stock split?

HB Estate Developers Limited's most recent stock split was on March 13, 2018. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.

How many times has HB Estate Developers Limited stock split?

HB Estate Developers Limited has split its stock once. This history records one reverse split, on March 13, 2018.

What is a reverse stock split?

A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In HB Estate Developers Limited's 3-for-5 reverse split on March 13, 2018, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will HB Estate Developers Limited split its stock again?

HB Estate Developers Limited has not announced a new split in our records. Its most recent split was on March 13, 2018, 8 years ago. Companies announce splits in advance, and any new BSE:HBESD split will appear on this page.