Mar 03, 2016
10:1
For every share held, investors received 10. The price per share adjusted from $77.80 to $7.78.
The split itself did not change the total investment value.
Prakash Steelage Limited (NSE:PRAKASHSTL) operates in the Steel industry.
Prakash Steelage Limited company overviewPrakash Steelage Limited's most recent stock split was on March 3, 2016. It was a 10-for-1 forward split, so shareholders received 10 shares for every share they held.
Prakash Steelage Limited has split its stock once. This history records one forward split, on March 3, 2016.
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 Prakash Steelage Limited's 10-for-1 split on March 3, 2016, every share became 10 shares.
Prakash Steelage Limited has not announced a new split in our records. Its most recent split was on March 3, 2016, 10 years ago. Companies announce splits in advance, and any new NSE:PRAKASHSTL split will appear on this page.
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