Jul 11, 2017
2:1
For every share held, investors received 2. The price per share adjusted from $143.35 to $71.68.
The split itself did not change the total investment value.
Munjal Auto Industries Limited (NSE:MUNJALAU) operates in the Auto parts: OEM industry.
Munjal Auto Industries Limited company overviewMunjal Auto Industries Limited's most recent stock split was on July 11, 2017. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Munjal Auto Industries Limited (NSE:MUNJALAU) has split its stock 2 times: a 5-for-1 split on December 29, 2011 and a 2-for-1 split on July 11, 2017.
Munjal Auto Industries Limited has split its stock 2 times. This history records 2 forward splits between December 29, 2011 and July 11, 2017.
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 Munjal Auto Industries Limited's 2-for-1 split on July 11, 2017, every share became 2 shares.
Munjal Auto Industries Limited has not announced a new split in our records. Its most recent split was on July 11, 2017, 9 years ago. Companies announce splits in advance, and any new NSE:MUNJALAU split will appear on this page.
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