Mahalaxmi Rubtech Ltd

Mahalaxmi Rubtech Ltd

162.05
INR
-6.90
(-4.08%)
21.76EPS
5.60P/E
1.29BMarket Cap

Latest Stock Split

Nov 18, 2015

1:10

For every 10 shares held, investors received 1. The price per share adjusted from $4.00 to $40.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Nov 18, 2015
    Before$4.00
    Split ratio1:10
    After$40.00
    Reverse
  2. Sep 23, 2010
    Before$196.85
    Split ratio10:1
    After$19.69
    Forward
  3. Apr 23, 2007
    Before$77.50
    Split ratio5:4
    After$62.00
    Forward

About Mahalaxmi Rubtech Ltd stock splits

Mahalaxmi Rubtech Ltd (BSE:MHLXMIRU) operates in the Industrial specialties industry.

Mahalaxmi Rubtech Ltd company overview

When did Mahalaxmi Rubtech Ltd stock split?

Mahalaxmi Rubtech Ltd's most recent stock split was on November 18, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

What is Mahalaxmi Rubtech Ltd's stock split history?

Mahalaxmi Rubtech Ltd (BSE:MHLXMIRU) has split its stock 3 times: a 5-for-4 split on April 23, 2007, a 10-for-1 split on September 23, 2010, and a 1-for-10 reverse split on November 18, 2015.

How many times has Mahalaxmi Rubtech Ltd stock split?

Mahalaxmi Rubtech Ltd has split its stock 3 times. This history records 3 splits between April 23, 2007 and November 18, 2015.

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 Mahalaxmi Rubtech Ltd's 1-for-10 reverse split on November 18, 2015, 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 Mahalaxmi Rubtech Ltd split its stock again?

Mahalaxmi Rubtech Ltd has not announced a new split in our records. Its most recent split was on November 18, 2015, 10 years ago. Companies announce splits in advance, and any new BSE:MHLXMIRU split will appear on this page.