Shares of Oracle Financial Services Software surged nearly 7 per cent on Friday after its board declared an interim dividend of Rs. 485 per equity share.
Stock of the IT firm ended with a gain of 6.58 per cent at Rs. 3,935.35 on the BSE. During the day, it jumped 10.49 per cent to Rs 4,080 — a 52-week high. At the NSE, the scrip surged 6.68 per cent to end the day at Rs. 3,942.
In a filing to the BSE, Oracle Financial Services said that the Board of Directors of the company at its meeting held today have declared an interim dividend of Rs. 485 per equity share of Rs. 5 each.
Meanwhile, in the broader market the BSE benchmark Sensex ended at 27,061.04, up 65.17 points.