Svarnim Trade Udyog Ltd.
BBSE:SNIMLatest Stock Split
Jun 01, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $12.30 to $123.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jun 01, 2022Before$12.30Split ratio1:10After$123.00Reverse
- Oct 14, 2016Before—Split ratio5:1After—Forward
About Svarnim Trade Udyog Ltd. stock splits
Svarnim Trade Udyog Ltd. (BSE:SNIM) operates in the Textiles industry.
Svarnim Trade Udyog Ltd. company overviewWhen did Svarnim Trade Udyog Ltd. stock split?
Svarnim Trade Udyog Ltd.'s most recent stock split was on June 1, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
What is Svarnim Trade Udyog Ltd.'s stock split history?
Svarnim Trade Udyog Ltd. (BSE:SNIM) has split its stock 2 times: a 5-for-1 split on October 14, 2016 and a 1-for-10 reverse split on June 1, 2022.
How many times has Svarnim Trade Udyog Ltd. stock split?
Svarnim Trade Udyog Ltd. has split its stock 2 times. This history records 2 splits between October 14, 2016 and June 1, 2022.
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 Svarnim Trade Udyog Ltd.'s 1-for-10 reverse split on June 1, 2022, 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 Svarnim Trade Udyog Ltd. split its stock again?
Svarnim Trade Udyog Ltd. has not announced a new split in our records. Its most recent split was on June 1, 2022, 4 years ago. Companies announce splits in advance, and any new BSE:SNIM split will appear on this page.