Mar 01, 2004
5:1
For every share held, investors received 5. The price per share adjusted from $428.31 to $85.66.
The split itself did not change the total investment value.
Jindal Stainless Limited (BSE:JSL) operates in the Steel industry.
Jindal Stainless Limited company overviewJindal Stainless Limited's most recent stock split was on March 1, 2004. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Jindal Stainless Limited has split its stock once. This history records one forward split, on March 1, 2004.
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 Stainless Limited's 5-for-1 split on March 1, 2004, every share became 5 shares.
Jindal Stainless Limited has not announced a new split in our records. Its most recent split was on March 1, 2004, 22 years ago. Companies announce splits in advance, and any new BSE:JSL split will appear on this page.
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