Microcap Financial Services Stock Declared Dividend, Gained Over 1000% In 3 Yrs, Details Inside

Oracle Credit Limited, a microcap stock operating in the Financial Services sector, declared an Interim Dividend of Rs. 0.5/- per Equity Share (5%). The company operates as a Non-Banking Financial Company, engaged in the business of finance and investment. It has a market capitalisation of Rs 83.81 crore. Check below to know more:

Oracle Credit Recommended & Approved Dividend

The company in its exchange filing on 1oth February 2022l, said, "Recommended and approved the Interim Dividend of 5%, i.e., Rs. 0.5/- per Equity Share with Face Value of Rs. 10/- each to Non-Promoter Equity Shareholders of the Company for the financial year 2022-2023 amounting to Rs. 18,68,976/- (Rupees Eighteen Lakhs Sixty Eight Thousand Nine Hundred Seventy Six Only). Further, the Promoters of the Company, i.e., Mr. Aditya Vikram Kanoria and Mr. Mandeep Singh have volunteered to waive off dividend on their holdings, i.e., on 31,99,549 Equity Shares for the Financial Year 2022-2023. The record date for the purpose of payment of interim dividend, as already communicated, is Tuesday, 21st February, 2023. The interim dividend will be paid within stipulated timelines as prescribed under law."

 

Oracle Credit Stock Performance & Returns

The current share price of Oracle Credit is Rs 118.15/share on NSE, up 0.72% from its previous close of Rs 117.30/share. The stock recorded its 52 week high on 24 October 2022 at Rs 341/share and 52 week low on 29 March 2022 at Rs 37.20/share, respectively.

The stock has continuously fallen in the past 3 months. It fell 3.83% in 1 week, 16.21% in 1 month and 45.03% in 3 months, respectively. However, it has given 171.61% positive return. In 3 years it gave robust 1034.21% positive return.

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