Richfield Financial Services Limited has announced its plan to issue 1 bonus share for every share held by eligible investors. The record date for this bonus issue is set for Friday, 14th February.
This means that only those investors whose names appear in the company’s records on that day will be eligible to receive the bonus shares.
Notably, this is the first time the company is offering bonus shares to its investors.
Stock Performance and Growth
Recently, the company’s shares saw an upper circuit, causing the stock price to increase by 2%, reaching Rs 117.82.
Over the past week, Richfield Financial Services Limited’s share price rose by more than 10%. In the new year alone, the stock price has increased by 26%.
Over the past six months, positional investors have seen their investments double, with a 125% return. In contrast, the Sensex has dropped by over 5% during the same period.
The company’s share price has surged by more than 600% over the last year. The highest share price in the past 52 weeks was Rs 117.82, while the lowest was Rs 16.53.
Richfield Financial Services had also paid a dividend of Rs 0.80 per share to eligible investors in July of the previous year.
Additionally, Richfield Financial Services paid a dividend of Rs 0.80 per share to eligible investors in July of the previous year.
