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    Industrial machinery
Lakshmi Engineering and Warehousing Ltd

Lakshmi Engineering and Warehousing Ltd

BBSE:LAKSHMIEW
2,156.10
INR
-84.20
(-3.76%)
30.46EPS
78.79P/E
1.60BMarket Cap

Latest Stock Split

May 04, 2021

1:10

For every 10 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. May 04, 2021
    Before—
    Split ratio1:10
    After—
    Reverse

About Lakshmi Engineering and Warehousing Ltd stock splits

Lakshmi Engineering and Warehousing Ltd (BSE:LAKSHMIEW) operates in the Industrial machinery industry.

Lakshmi Engineering and Warehousing Ltd company overview

When did Lakshmi Engineering and Warehousing Ltd stock split?

Lakshmi Engineering and Warehousing Ltd's most recent stock split was on May 4, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

How many times has Lakshmi Engineering and Warehousing Ltd stock split?

Lakshmi Engineering and Warehousing Ltd has split its stock once. This history records one reverse split, on May 4, 2021.

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 Lakshmi Engineering and Warehousing Ltd's 1-for-10 reverse split on May 4, 2021, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Lakshmi Engineering and Warehousing Ltd split its stock again?

Lakshmi Engineering and Warehousing Ltd has not announced a new split in our records. Its most recent split was on May 4, 2021, 5 years ago. Companies announce splits in advance, and any new BSE:LAKSHMIEW split will appear on this page.