The announcement was made during trading hours today, 5 December 2012.
Meanwhile, the BSE Sensex was up 48.47 points, or 0.25%, to 19,396.59.
On BSE, 19,455 shares were traded in the counter as against an average daily volume of 6,016 shares in the past one quarter.
The stock hit a high of Rs 1,099 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 1,008.55 so far during the day. The stock had hit a 52-week low of Rs 420 on 30 December 2011.
The stock had outperformed the market over the past one month till 4 December 2012, rising 8.78% compared with the Sensex's 3.16% rise. The scrip had also outperformed the market in past one quarter, rising 21.85% as against Sensex's 10.94% rise.
The mid-cap company has an equity capital of Rs 55.55 crore. Face value per share is Rs 10.
Sundaram Finance said, "The Bonus Issue 2012 Committee has fixed 14 December 2012 as record date for issue of bonus shares in the proportion of 1 (one) equity share for every 1 (one) equity share held."
Sundaram Finance's net profit rose 22.89% to Rs 111.50 crore on 27.4% increase in operating income to Rs 535.53 crore in Q2 September 2012 over Q2 September 2011.
Sundaram Finance's activities span savings products like deposits and mutual funds, car and commercial vehicle finance, insurance, home loans, software solutions, business process outsourcing, tyre finance, fleet cards, tractor finance and mutual funds R&T. Sundaram Finance has a nationwide presence with 547 branches.
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