Stock Report

Power Finance Corporation Ltd recommends final dividend of Rs. 2.50



Posted On : 2024-05-15 22:16:45( TIMEZONE : IST )

Power Finance Corporation Ltd recommends final dividend of Rs. 2.50

The board of directors of Power Finance Corporation Ltd has recommended final dividend @ Rs. 2.50 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs. 10/- each for the FY 2023-24 subject to approval of shareholders in the ensuing Annual General Meeting. This is in addition to the interim dividends of Rs. 11.00 per equity share (subject to deduction of TDS) for the FY 2023-24 already declared and paid during the year in three tranches. The final Dividend, if declared, will be paid within the statutory period of 30 days from the date of approval in ensuing AGM.

Shares of Power Finance Corporation Limited was last trading in BSE at Rs. 436.55 as compared to the previous close of Rs. 421.55. The total number of shares traded during the day was 1102667 in over 12634 trades.

The stock hit an intraday high of Rs. 441.45 and intraday low of 422.75. The net turnover during the day was Rs. 480215412.00.

Source : Equity Bulls

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PowerFinanceCorporation INE134E01011 PFC FinalDividend FY24 FY2024