1:4 Bonus Shares Rewarded: Maharatna CPSE To Consider Dividend On March 11, Shares Zoom

Large cap state-run Power Finance Corporation Ltd (PFC) shares gained 1.33% intraday on March 7, 2024 as Board of Directors will consider declaration of 3rd interim dividend on March 11, 2024. Last trading price of PFC share on BSE is Rs 429.80 apiece. The PSU has a market capitalisation of Rs 1,41,838.37 crore. Power Finance Corporation shares offered return of 97% in last 6-months and gained 232% in last 1-year. Check details below:

Power Finance Corporation To Consider Dividend On March 11: As per the regulatory filing of the company, "In terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a meeting of the Board of Directors of Power Finance Corporation Limited is scheduled to be held on Monday, March I I, 2024 inter alia to consider the proposal for declaration of 3rd Interim Dividend, if any, for the financial year 2023-24."

Power Finance Corporation Shares Performance & Return: The 52-week high price of Power Finance Corporation stock on BSE is Rs 477.80 apiece and 52-week low price is Rs 116.40 apiece, respectively. PFC shares jumped 7.38% in last 1-week, declined 8.37% in last 1-month, and gave return of 406% in last 2-years. In last 3-years, Power Finance Corporation shares zoomed 317% and soared 377% in last 5-years.

PFC Q3 Results & Dividend: Large cap state-run PFC declared a surge of 23% year-on-year (YoY) in its consolidated net profit to Rs 4,727.4 crore for the October-December quarter as against Rs 3,860.25 crore in the corresponding quarter of last year. The company stated its revenue surged 20% YoY to Rs 23,571.8 crore as against Rs 19,639 crore in the similar quarter of last year. Board of PFC also declared an interim dividend of Rs 3.50/- per equity share for the financial year 2023-24. The company fixed February 20, 2024 as the record date.

Power Finance About: Incorporated on July 16th, 1986, Power Finance Corporation Ltd. is a Schedule-A Maharatna CPSE, and is a leading Non-Banking Financial Corporation in the Country. PFC's registered office is located at New Delhi and regional offices are located at Mumbai and Chennai, according to its official website.

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