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    Non-energy minerals

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    Steel
Nova Iron & Steel Ltd.

Nova Iron & Steel Ltd.

BBSE:NOVIS
12.98
INR
-0.26
(-1.96%)
-4.80EPS
446.68MMarket Cap

Latest Stock Split

Oct 30, 2012

6:25

For every 25 shares held, investors received 6. The price per share adjusted from $8.83 to $36.79.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 30, 2012
    Before$8.83
    Split ratio6:25
    After$36.79
    Reverse

About Nova Iron & Steel Ltd. stock splits

Nova Iron & Steel Ltd. (BSE:NOVIS) operates in the Steel industry.

Nova Iron & Steel Ltd. company overview

When did Nova Iron & Steel Ltd. stock split?

Nova Iron & Steel Ltd.'s most recent stock split was on October 30, 2012. It was a 6-for-25 reverse split, so shareholders received 6 shares for every 25 they held.

How many times has Nova Iron & Steel Ltd. stock split?

Nova Iron & Steel Ltd. has split its stock once. This history records one reverse split, on October 30, 2012.

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 Nova Iron & Steel Ltd.'s 6-for-25 reverse split on October 30, 2012, every 25 shares became 6 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Nova Iron & Steel Ltd. split its stock again?

Nova Iron & Steel Ltd. has not announced a new split in our records. Its most recent split was on October 30, 2012, 13 years ago. Companies announce splits in advance, and any new BSE:NOVIS split will appear on this page.