Raj Rayon Industries Limited

Raj Rayon Industries Limited

20.93
INR
-0.42
(-1.97%)
0.62EPS
39.03P/E
13.49BMarket Cap

Latest Stock Split

Oct 25, 2021

1:100

For every 100 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 25, 2021
    Before—
    Split ratio1:100
    After—
    Reverse
  2. Mar 04, 2013
    Before—
    Split ratio10:1
    After—
    Forward

About Raj Rayon Industries Limited stock splits

Raj Rayon Industries Limited (NSE:RAJRILTD) operates in the Textiles industry.

Raj Rayon Industries Limited company overview

When did Raj Rayon Industries Limited stock split?

Raj Rayon Industries Limited's most recent stock split was on October 25, 2021. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.

What is Raj Rayon Industries Limited's stock split history?

Raj Rayon Industries Limited (NSE:RAJRILTD) has split its stock 2 times: a 10-for-1 split on March 4, 2013 and a 1-for-100 reverse split on October 25, 2021.

How many times has Raj Rayon Industries Limited stock split?

Raj Rayon Industries Limited has split its stock 2 times. This history records 2 splits between March 4, 2013 and October 25, 2021.

What is a reverse stock split?

A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Raj Rayon Industries Limited's 1-for-100 reverse split on October 25, 2021, every 100 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Raj Rayon Industries Limited split its stock again?

Raj Rayon Industries Limited has not announced a new split in our records. Its most recent split was on October 25, 2021, 4 years ago. Companies announce splits in advance, and any new NSE:RAJRILTD split will appear on this page.