Mid Cap Financial Stock Declares Its Largest Ever Dividend Per Share, Net 
Profits Grows 1392%

Mid Cap Financial Stock Declares Its Largest Ever Dividend Per Share, Net Profits Grows 1392% { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

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. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

2. IDFC Stock Performance & Return

The current market price of the stock is Rs 91.45 apiece with an intraday gain of 3 .22%. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

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. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

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. { "selector": ".imagebox-wrapper", "duration": "4344ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.13032)"] } }

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By Renu Baliyan Goodreturns source: goodreturns.in Dailyhunt View more