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.
The stock gives details about special interim dividend and record date.
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By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt