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    Producer manufacturing

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    Miscellaneous manufacturing
Gujarat Raffia Industries Limited

Gujarat Raffia Industries Limited

48.01
INR
-2.52
(-4.99%)

Latest Stock Split

Dec 20, 2007

1:2

For every 2 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Dec 20, 2007
    Before—
    Split ratio1:2
    After—
    Reverse

About Gujarat Raffia Industries Limited stock splits

Gujarat Raffia Industries Limited (NSE:GUJRAFFIA) operates in the Miscellaneous manufacturing industry.

Gujarat Raffia Industries Limited company overview

When did Gujarat Raffia Industries Limited stock split?

Gujarat Raffia Industries Limited's most recent stock split was on December 20, 2007. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.

How many times has Gujarat Raffia Industries Limited stock split?

Gujarat Raffia Industries Limited has split its stock once. This history records one reverse split, on December 20, 2007.

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 Gujarat Raffia Industries Limited's 1-for-2 reverse split on December 20, 2007, every 2 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 Gujarat Raffia Industries Limited split its stock again?

Gujarat Raffia Industries Limited has not announced a new split in our records. Its most recent split was on December 20, 2007, 18 years ago. Companies announce splits in advance, and any new NSE:GUJRAFFIA split will appear on this page.