Indrayani Biotech Ltd.

Indrayani Biotech Ltd.

BBSE:INDRANIB
8.34
INR
-0.43
(-4.90%)
0.48EPS
15.34P/E
329.23MMarket Cap

Latest Stock Split

Sep 24, 2010

3:25

For every 25 shares held, investors received 3. The price per share adjusted from $4.86 to $40.50.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 24, 2010
    Before$4.86
    Split ratio3:25
    After$40.50
    Reverse

About Indrayani Biotech Ltd. stock splits

Indrayani Biotech Ltd. (BSE:INDRANIB) operates in the Restaurants industry.

Indrayani Biotech Ltd. company overview

When did Indrayani Biotech Ltd. stock split?

Indrayani Biotech Ltd.'s most recent stock split was on September 24, 2010. It was a 3-for-25 reverse split, so shareholders received 3 shares for every 25 they held.

How many times has Indrayani Biotech Ltd. stock split?

Indrayani Biotech Ltd. has split its stock once. This history records one reverse split, on September 24, 2010.

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 Indrayani Biotech Ltd.'s 3-for-25 reverse split on September 24, 2010, every 25 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 Indrayani Biotech Ltd. split its stock again?

Indrayani Biotech Ltd. has not announced a new split in our records. Its most recent split was on September 24, 2010, 16 years ago. Companies announce splits in advance, and any new BSE:INDRANIB split will appear on this page.