1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Rama Steel Tubes Ltd.

Rama Steel Tubes Ltd.

3.73
INR
-0.07
(-1.84%)
0.08EPS
54.65P/E
7.30BMarket Cap

Latest Stock Split

Mar 19, 2024

3:1

For every share held, investors received 3. The price per share adjusted from $38.25 to $12.75.

The split itself did not change the total investment value.

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Stock Split History

  1. Mar 19, 2024
    Before$38.25
    Split ratio3:1
    After$12.75
    Forward
  2. Jan 06, 2023
    Before$173.55
    Split ratio5:1
    After$34.71
    Forward
  3. Aug 25, 2022
    Before$547.50
    Split ratio5:1
    After$109.50
    Forward
  4. Mar 14, 2016
    Before$871.95
    Split ratio10:1
    After$87.20
    Forward

About Rama Steel Tubes Ltd. stock splits

Rama Steel Tubes Ltd. (NSE:RAMASTEEL) operates in the Steel industry.

Rama Steel Tubes Ltd. company overview

When did Rama Steel Tubes Ltd. stock split?

Rama Steel Tubes Ltd.'s most recent stock split was on March 19, 2024. It was a 3-for-1 forward split, so shareholders received 3 shares for every share they held.

What is Rama Steel Tubes Ltd.'s stock split history?

Rama Steel Tubes Ltd. (NSE:RAMASTEEL) has split its stock 4 times: a 10-for-1 split on March 14, 2016, a 5-for-1 split on August 25, 2022, a 5-for-1 split on January 6, 2023, and a 3-for-1 split on March 19, 2024.

How many times has Rama Steel Tubes Ltd. stock split?

Rama Steel Tubes Ltd. has split its stock 4 times. This history records 4 forward splits between March 14, 2016 and March 19, 2024.

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 Rama Steel Tubes Ltd.'s 3-for-1 split on March 19, 2024, every share became 3 shares.

Will Rama Steel Tubes Ltd. split its stock again?

Rama Steel Tubes Ltd. has not announced a new split in our records. Its most recent split was on March 19, 2024, 2 years ago. Companies announce splits in advance, and any new NSE:RAMASTEEL split will appear on this page.