Small Cap Stock Under Rs 100 Recommends Dividend, Shares Rally 3.73%

Star Housing Finance Limited (Star HFL) in an exchange filing on Jul 15, 2023, informed that the Board of Directors has recommended a dividend of Rs 0.05 per share of Rs 5 each for the financial year 2022-2-2023. The recommended dividend is subject to the approval of the members of the company at the AGM.

Star HFL is a Small cap Non-Banking FInancial Company (NBFC). The company has a market capitalisation of Rs 474.82 Crore.

"Recommendation of Dividend of Rs. 0.05 per equity share of Rs. 5/- each for the Financial Year 2022-2023 subject to the approval of the Members at the ensuing Annual General Meeting of the Company," Star Housing Finance Ltd. said in an exchange filing.

Meanwhile, on Monday, the share price of Star HFL closed 3.73% higher at Rs 61.49 per share on BSE. In the last 1 week, the share price jumped 12.06%, and in the last 2 weeks, it jumped 20.22%, respectively.

It jumped 31.42% in 1 month, 25.85% in 3 months, and 23.85% in 6 months, respectively. It gave 64.28% in 1 year, 149.96% in 2 years, 271.32% in 3 years and 220.09% in 5 years, respectively.

The stock hit 52-week high on Jul 13, 2023, at Rs 67.95 per share and 52-week low on Sep 01, 2022, at Rs 36.25 per share, respectively.

About - Star Housing Finance Limited (Star HFL)

Star Housing Finance Limited (Star HFL) is BSE listed rural-focused housing finance company operational in the affordable housing finance space helping achieve the dreams of first-time home buyers from the Economic Weaker Section / Low Income Group to own their first house through simple and easy processes.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.