Board Fixed Valentine’s Day as Record Date For 1:1 Bonus Share: Multibagger Stock Hit Upper Circuit & 52-Week High on January 15
The company has a market cap of Rs 42.47 crore and the stock gave multibagger returns of over 600 per cent from its 52-week low is Rs 15.75 per share.
Richfield Financial Services Ltd. has declared a 1:1 bonus issue, meaning that for every one share held by shareholders, they will receive one additional share free of cost. The Board of Directors has set Friday, February 14, 2025, as the Record Date for this bonus issue. This means that shareholders who are registered on the company's records as owners of the shares on February 14, 2025, will be eligible to receive the bonus shares.
On Wednesday, shares of Richfield Financial Services Ltd hit a 2 per cent upper circuit to Rs 113.25 per share from its previous closing of Rs 111.03 per share. The stock also made a new 52-week high of Rs 113.25 per share and its 52-week low is Rs 15.75 per share. The shares of the company saw a spurt in volume by more than 4.82 times on BSE.
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Incorporated in 1992, Richfield Financial Services Ltd (RFSL) is a Non-Banking Finance Company primarily focused on investment activities in shares and securities. RFSL leverages its in-house research and data analysis to guide its investment decisions. Beyond investments, the company offers a range of financial services, including short-term financing options for surplus funds, and a suite of ancillary services such as merchant banking, stock broking, portfolio management, project consultancy, and loan syndication.
The company has a market cap of Rs 42.47 crore and the stock gave multibagger returns of over 600 per cent from its 52-week low is Rs 15.75 per share. Investors should keep an eye on this penny stock.
Disclaimer: The article is for informational purposes only and not investment advice.