Sep 30, 2019
5:4
For every 4 shares held, investors received 5. The price per share adjusted from $76.40 to $61.12.
The split itself did not change the total investment value.
Nitiraj Engineers Ltd. (NSE:NITIRAJ) operates in the Electronic equipment/Instruments industry.
Nitiraj Engineers Ltd. company overviewNitiraj Engineers Ltd.'s most recent stock split was on September 30, 2019. It was a 5-for-4 forward split, so shareholders received 5 shares for every 4 they held.
Nitiraj Engineers Ltd. has split its stock once. This history records one forward split, on September 30, 2019.
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 Nitiraj Engineers Ltd.'s 5-for-4 split on September 30, 2019, every 4 shares became 5 shares.
Nitiraj Engineers Ltd. has not announced a new split in our records. Its most recent split was on September 30, 2019, 7 years ago. Companies announce splits in advance, and any new NSE:NITIRAJ split will appear on this page.
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