Mar 31, 2006
5:1
For every share held, investors received 5. The price per share adjusted from $1475.40 to $295.08.
The split itself did not change the total investment value.
Thermax Limited. (NSE:THERMAX) operates in the Industrial machinery industry.
Thermax Limited. company overviewThermax Limited.'s most recent stock split was on March 31, 2006. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Thermax Limited. (NSE:THERMAX) has split its stock 2 times: a 3-for-1 split on September 8, 2003 and a 5-for-1 split on March 31, 2006.
Thermax Limited. has split its stock 2 times. This history records 2 forward splits between September 8, 2003 and March 31, 2006.
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 Thermax Limited.'s 5-for-1 split on March 31, 2006, every share became 5 shares.
Thermax Limited. has not announced a new split in our records. Its most recent split was on March 31, 2006, 20 years ago. Companies announce splits in advance, and any new NSE:THERMAX split will appear on this page.
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