Marine Electricals (India) Limited

Marine Electricals (India) Limited

NNSE:MARINE
394.45
INR
-20.95
(-5.04%)
4.63EPS
61.49P/E
39.68BMarket Cap

Latest Stock Split

Feb 18, 2021

5:1

For every share held, investors received 5. The price per share adjusted from $258.10 to $51.62.

The split itself did not change the total investment value.

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Stock Split History

  1. Feb 18, 2021
    Before$258.10
    Split ratio5:1
    After$51.62
    Forward

About Marine Electricals (India) Limited stock splits

Marine Electricals (India) Limited (NSE:MARINE) operates in the Wholesale distributors industry.

Marine Electricals (India) Limited company overview

When did Marine Electricals (India) Limited stock split?

Marine Electricals (India) Limited's most recent stock split was on February 18, 2021. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.

How many times has Marine Electricals (India) Limited stock split?

Marine Electricals (India) Limited has split its stock once. This history records one forward split, on February 18, 2021.

What is a stock split?

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 Marine Electricals (India) Limited's 5-for-1 split on February 18, 2021, every share became 5 shares.

Will Marine Electricals (India) Limited split its stock again?

Marine Electricals (India) Limited has not announced a new split in our records. Its most recent split was on February 18, 2021, 5 years ago. Companies announce splits in advance, and any new NSE:MARINE split will appear on this page.