Small-cap housing finance company Star Housing Finance Ltd on Tuesday reported strong results for the third quarter of FY23, following 1:1 bonus shares and 1:2 stock split with effect from December 2022, according to BSE’s official website. Also available on The rural housing finance company reported 545 per cent year-on-year (YoY) growth on PAT for the nine months ended December 31, 2022 and is now well poised to generate meaningful ROA and ROE for shareholders as book build and income book It happens. Full term from here. Total income, including interest income and other income, has registered a growth of 80 per cent for the nine months ended December 31, 2022.
Small-Cap Housing Finance crosses the milestone 100+ cr loan disbursement for the first time in a financial year and one quarter still to go in the current financial year. Announcing the third quarter results for the financial year 2022-23, the small-cap financial company claimed that Star HFL is now a 100 crore net worth company. This milestone has been achieved with 3 rounds of successful capital raising in the last 12 business months. Eminent professionals from the BFSI space, capital market Space, FPIs and Family Office have participated in its capital investment journey and are now part of the ecosystem of 7000+ shareholders.
Star Housing Finance Bonus, History of Stock Split
Recently on 16th December 2022, the shares of Star Housing Finance traded ex-bonus subject to issue of 1:1 bonus shares to its eligible shareholders. The Company has given effect to one Bonus Share for every share held by its shareholders on the Bonus Shares Record Date. Similarly on 16 December 2022 Star housing finance The stocks traded ex-split and affected stock subdivision in the ratio of 1:2. Before December 2022, Star Housing Finance shares traded ex-bonus in March 2017. On March 7, 2017, the shares of Star Housing Finance traded ex-bonus to issue bonus shares in the ratio of 1:1. Hence, the small-cap stock has given 1:1 bonus shares twice in the last six years.
star housing finance share price history
Small-cap housing finance stocks have doubled shareholders’ money in the post-Covid rebound. Star Housing Finance shares were available in May 2020 around Rs 25 while it closed on Tuesday 50.90 on BSE, giving 100 per cent returns to its long-term positional investors.
Click here for latest stock market news
The small-cap financial stock is available at a PE multiple of over 72.65 while its ROE (return on equity) is close to 6. financial company ended on Tuesday with a market cap of 385 Crores and trade volume over 5.30 Lakhs. It has a 52 week high 60.20 per share while it is at a 52-week low 21.49 per share.
Know your inner investor
Do you have guts of steel or are you a victim of insomnia regarding your investments? Let’s define your investment approach.
catch all business News, market news, breaking news events and breaking news Update on Live Mint. download mint news app To get daily market updates.