Sundaram-Clayton will give an interim dividend of ₹ 4.75, file date additionally fastened; Share climbed 2% – INA NEWS

Sundaram Clayton Dividend: The board of Sundaram Clayton, who manufactures auto parts and tools, has determined to provide an interim dividend of Rs 4.75 per share to shareholders for FY 2024-25. The proposal was accepted within the March 21 assembly. The file date for dividend has been stored on 27 March 2025. By this date, shareholders whose names might be within the data of the Register of Members of the Firm or Depositors because the beneficiaries homeowners of shares might be entitled to dividend.

The corporate mentioned within the alternate submitting that the dividend might be paid inside 30 days of its announcement. Earlier, the corporate introduced an interim dividend of Rs 5.15 per share on 18 March 2024. The file date was 4 April 2024. Sundaram Clayton shares have a face worth of Rs 5. On March 21, the inventory on the BSE was about 2 p.c to settle at Rs 2282.

Sundaram-Clayton shared 70 p.c in a 12 months

In response to BSE knowledge, Sundaram Clayton shares have risen 70 p.c within the final one 12 months. On the identical time, the value has jumped about 10 p.c in only one week. The corporate’s market cap is Rs 5000 crore. The 52 -week excessive degree of the inventory was created on 9 January 2025. The 52 -week low of Rs 1,321 was seen on 21 March 2024. The corporate had 61.90 p.c stake within the firm until the tip of December 2024.

Final month, Sundaram-Claton introduced a plan to promote aluminum dye-coating enterprise at its Hosur plant. Within the February 19 assembly, the corporate’s board accepted the choice. The corporate had mentioned that its high-pressure and low-pension aluminum dye-competing operations at Hosur can be offered to 3rd occasion consumers.

Shares of Adani Power Options jumped as much as 4%, procurement elevated attributable to getting a transmission challenge of ₹ 2800 crore in Gujarat

The corporate had a income of Rs 496.43 crore within the October-December 2024 quarter. The web revenue was Rs 10.35 crore and the earnings was Rs 4.78 crore per share. In FY 2024, Sundaram Clayton’s standalone foundation was recorded at Rs 1,341.92 crore, internet revenue of Rs 64.52 crore and earnings per share was Rs 31.89 crore.