Raj Oil Mills Limited

Raj Oil Mills Limited

39.10
INR
-1.02
(-2.54%)
2.91EPS
16.00P/E
698.17MMarket Cap

Latest Stock Split

Jun 28, 2018

1:20

For every 20 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Jun 28, 2018
    Before—
    Split ratio1:20
    After—
    Reverse

About Raj Oil Mills Limited stock splits

Raj Oil Mills Limited (BSE:ROML) operates in the Agricultural commodities/Milling industry.

Raj Oil Mills Limited company overview

When did Raj Oil Mills Limited stock split?

Raj Oil Mills Limited's most recent stock split was on June 28, 2018. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.

How many times has Raj Oil Mills Limited stock split?

Raj Oil Mills Limited has split its stock once. This history records one reverse split, on June 28, 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 Raj Oil Mills Limited's 1-for-20 reverse split on June 28, 2018, every 20 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 Raj Oil Mills Limited split its stock again?

Raj Oil Mills Limited has not announced a new split in our records. Its most recent split was on June 28, 2018, 8 years ago. Companies announce splits in advance, and any new BSE:ROML split will appear on this page.