Mar 21, 2018
2:1
For every share held, investors received 2. The price per share adjusted from $966.60 to $483.30.
The split itself did not change the total investment value.
India Nippon Electricals Limited (NSE:INDNIPPON) operates in the Auto parts: OEM industry.
India Nippon Electricals Limited company overviewIndia Nippon Electricals Limited's most recent stock split was on March 21, 2018. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
India Nippon Electricals Limited (NSE:INDNIPPON) has split its stock 4 times: a 13-for-5 split on February 2, 1999, a 17-for-10 split on December 12, 2002, a 7-for-5 split on September 20, 2011, and a 2-for-1 split on March 21, 2018.
India Nippon Electricals Limited has split its stock 4 times. This history records 4 forward splits between February 2, 1999 and March 21, 2018.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In India Nippon Electricals Limited's 2-for-1 split on March 21, 2018, every share became 2 shares.
India Nippon Electricals Limited has not announced a new split in our records. Its most recent split was on March 21, 2018, 8 years ago. Companies announce splits in advance, and any new NSE:INDNIPPON split will appear on this page.
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