Mangal Credit & Fincorp Ltd.

Mangal Credit & Fincorp Ltd.

204.85
INR
-6.40
(-3.03%)
8.54EPS
28.09P/E
5.11BMarket Cap

Latest Stock Split

Dec 27, 2018

1:10

For every 10 shares held, investors received 1. The price per share adjusted from $5.20 to $52.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Dec 27, 2018
    Before$5.20
    Split ratio1:10
    After$52.00
    Reverse
  2. May 17, 2017
    Before$41.25
    Split ratio10:1
    After$4.13
    Forward
  3. Dec 31, 2015
    Before$240.00
    Split ratio6:1
    After$40.00
    Forward
  4. Dec 17, 2015
    Before$240.00
    Split ratio6:1
    After$40.00
    Forward

About Mangal Credit & Fincorp Ltd. stock splits

Mangal Credit & Fincorp Ltd. (BSE:MANCREDIT) operates in the Finance/Rental/Leasing industry.

Mangal Credit & Fincorp Ltd. company overview

When did Mangal Credit & Fincorp Ltd. stock split?

Mangal Credit & Fincorp Ltd.'s most recent stock split was on December 27, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

What is Mangal Credit & Fincorp Ltd.'s stock split history?

Mangal Credit & Fincorp Ltd. (BSE:MANCREDIT) has split its stock 4 times: a 6-for-1 split on December 17, 2015, a 6-for-1 split on December 31, 2015, a 10-for-1 split on May 17, 2017, and a 1-for-10 reverse split on December 27, 2018.

How many times has Mangal Credit & Fincorp Ltd. stock split?

Mangal Credit & Fincorp Ltd. has split its stock 4 times. This history records 4 splits between December 17, 2015 and December 27, 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 Mangal Credit & Fincorp Ltd.'s 1-for-10 reverse split on December 27, 2018, 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 Mangal Credit & Fincorp Ltd. split its stock again?

Mangal Credit & Fincorp Ltd. has not announced a new split in our records. Its most recent split was on December 27, 2018, 7 years ago. Companies announce splits in advance, and any new BSE:MANCREDIT split will appear on this page.