Shree Steel Wire Ropes Limited
BBSE:SSWRLLatest Stock Split
Aug 11, 2006
7:10
For every 10 shares held, investors received 7. The price per share adjusted from $7.92 to $11.31.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Aug 11, 2006Before$7.92Split ratio7:10After$11.31Reverse
About Shree Steel Wire Ropes Limited stock splits
Shree Steel Wire Ropes Limited (BSE:SSWRL) operates in the Steel industry.
Shree Steel Wire Ropes Limited company overviewWhen did Shree Steel Wire Ropes Limited stock split?
Shree Steel Wire Ropes Limited's most recent stock split was on August 11, 2006. It was a 7-for-10 reverse split, so shareholders received 7 shares for every 10 they held.
How many times has Shree Steel Wire Ropes Limited stock split?
Shree Steel Wire Ropes Limited has split its stock once. This history records one reverse split, on August 11, 2006.
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 Shree Steel Wire Ropes Limited's 7-for-10 reverse split on August 11, 2006, every 10 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Shree Steel Wire Ropes Limited split its stock again?
Shree Steel Wire Ropes Limited has not announced a new split in our records. Its most recent split was on August 11, 2006, 20 years ago. Companies announce splits in advance, and any new BSE:SSWRL split will appear on this page.