Mid
Cap
Financial
Stock
Declares
Its
Largest
Ever
Dividend
Per
Share,
Net
Profits
Grows
1392%
The
stock
hit
its
new
52
week
high
in
trade
today.
The
board
fixed
February 13, 2023
as
the
record
date
for
the
aforesaid
special
interim
dividend.
2.
IDFC
Stock
Performance
&
Return
The
current
market
price
of
the
stock
is
Rs 91.45
apiece
with
an
intraday
gain
of
3
.22%.
The
stock's
52-
week
high
is
Rs 92.35
apiece
and
52-
week
low
is
Rs 42.25
apiece,
respectively.
The
company
has
a
market
capitalisation
of
Rs 14,639.86 crore.
3.
IDFC
Ltd
Declares
Q
3
Result
The
net
profit
of
Rs 272.05 crore
was
registered
in
Q
3
FY
2023
as
against
Rs 18.23 crore
declared
for
the
quarter
ended
December 2021,
up
1392
%
YoY.
IDFC
EPS
has
also
been
improved
from
0.11
in
December 2021
to
Rs 1.70
in
December 2022.
The
Board,
at
its
meeting
held
on
February 1, 2023,
accorded
in-
principle
approval
to
invest
Rs 2200 crore
approximately
in
IDFC
FIRST
Bank.
Disclaimer
The
stock
gives
details
about
special
interim
dividend
and
record
date.
Greynium
Information
Technologies
and
the
author
are
not
liable
for
any
losses
caused
as
a
result
of
decisions
based
on
the
article.
Goodreturns.in
advises
users
to
check
with
certified
experts
before
taking
any
investment
decision.
By
Renu
Baliyan
Goodreturns
source:
goodreturns.in
Dailyhunt
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