Sep 14, 2009
6:1
For every share held, investors received 6. The price per share adjusted from $3372.25 to $562.04.
The split itself did not change the total investment value.
Jindal Steel Limited (BSE:JINDALSTEL) operates in the Steel industry.
Jindal Steel Limited company overviewJindal Steel Limited's most recent stock split was on September 14, 2009. It was a 6-for-1 forward split, so shareholders received 6 shares for every share they held.
Jindal Steel Limited (BSE:JINDALSTEL) has split its stock 3 times: a 2-for-1 split on December 22, 2003, a 5-for-1 split on January 21, 2008, and a 6-for-1 split on September 14, 2009.
Jindal Steel Limited has split its stock 3 times. This history records 3 forward splits between December 22, 2003 and September 14, 2009.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Jindal Steel Limited's 6-for-1 split on September 14, 2009, every share became 6 shares.
Jindal Steel Limited has not announced a new split in our records. Its most recent split was on September 14, 2009, 17 years ago. Companies announce splits in advance, and any new BSE:JINDALSTEL split will appear on this page.
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