1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Modern Steels Ltd.

Modern Steels Ltd.

BBSE:MDRNSTL
11.15
INR
-1.59
(-12.48%)
0.83EPS
15.84P/E
181.66MMarket Cap

Latest Stock Split

Sep 28, 2007

5:2

For every 2 shares held, investors received 5. The price per share adjusted from $108.25 to $43.30.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 28, 2007
    Before$108.25
    Split ratio5:2
    After$43.30
    Forward

About Modern Steels Ltd. stock splits

Modern Steels Ltd. (BSE:MDRNSTL) operates in the Steel industry.

Modern Steels Ltd. company overview

When did Modern Steels Ltd. stock split?

Modern Steels Ltd.'s most recent stock split was on September 28, 2007. It was a 5-for-2 forward split, so shareholders received 5 shares for every 2 they held.

How many times has Modern Steels Ltd. stock split?

Modern Steels Ltd. has split its stock once. This history records one forward split, on September 28, 2007.

What is a stock split?

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 Modern Steels Ltd.'s 5-for-2 split on September 28, 2007, every 2 shares became 5 shares.

Will Modern Steels Ltd. split its stock again?

Modern Steels Ltd. has not announced a new split in our records. Its most recent split was on September 28, 2007, 19 years ago. Companies announce splits in advance, and any new BSE:MDRNSTL split will appear on this page.