Monind Ltd

Monind Ltd

BBSE:MONIND
15.24
INR
-0.77
(-4.81%)
-2.21EPS
88.91MMarket Cap

Latest Stock Split

Jun 30, 2002

3:10

For every 10 shares held, investors received 3.

The split itself did not change the total investment value.

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Stock Split History

  1. Jun 30, 2002
    Before—
    Split ratio3:10
    After—
    Reverse

About Monind Ltd stock splits

Monind Ltd (BSE:MONIND) operates in the Other metals/Minerals industry.

Monind Ltd company overview

When did Monind Ltd stock split?

Monind Ltd's most recent stock split was on June 30, 2002. It was a 3-for-10 reverse split, so shareholders received 3 shares for every 10 they held.

How many times has Monind Ltd stock split?

Monind Ltd has split its stock once. This history records one reverse split, on June 30, 2002.

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 Monind Ltd's 3-for-10 reverse split on June 30, 2002, every 10 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Monind Ltd split its stock again?

Monind Ltd has not announced a new split in our records. Its most recent split was on June 30, 2002, 24 years ago. Companies announce splits in advance, and any new BSE:MONIND split will appear on this page.