Dividend Shares: Bajaj Auto Restricted, the main firm making two and three-wheelers, has introduced a dividend of ₹ 210 per share with its March quarter (This autumn FY25) outcomes. That is the best ever within the historical past of dividend firm. On this, every share face worth is ₹ 10. This dividend of the auto shall be topic to the approval of the shareholders within the upcoming annual normal assembly (AGM) of the Auto. After the approval, this dividend shall be transferred to the accounts of eligible shareholders or earlier than 8 August 2025 or earlier than. The board of Bajaz Auto has selected 20 June 2025 as a document date, that’s, by the identical date, buyers who can have shares of the corporate shall be entitled to the dividend. The corporate stated that this dividend will convey a monetary burden of a complete of ₹ 5,864 crore. How a lot was the associated information within the final years? 12 months per share (₹) 2024 80 2023 140 2022 140 2021 140 2020 120 2019 60 2018 60 60 2018 60s The corporate’s income within the firm’s income (Income) elevated by 5.8% to ₹ 12,148 crore on an annual foundation, which was ₹ 11,485 crore in the identical quarter final 12 months. The determine was higher than an analysts’ estimated ₹ 11,995 crore. Bajaj Auto’s inventory on Thursday closed at ₹ 8,899, with a acquire of 0.6% to ₹ 8,899 earlier than the analysts introduced the truth outcomes of Bajaz Auto shares. The corporate’s shares have gained 10.16% over the past one month. Nevertheless, it’s nonetheless about 30% under its 52-week excessive ₹ 12,774, which the corporate touched on 27 September 2024. What’s the enterprise of Bajaz Auto? Bajaj Auto is India’s main two-wheeler and three-wheeler producer firm. It’s particularly recognized for making bikes, scooters and auto rickshaws. The most important manufacturers of the corporate embody Pulsar, Platina, Dominar, CT, and Re Auto Rickshaws. Bajaz Auto enterprise is unfold not solely in India, however via exports to greater than 70 international locations. It has change into one of many world’s largest three-wheeler and prime motorbike exporting corporations. It additionally has a strategic partnership with world corporations like Triumph Bike. Additionally learn: Bubble has been fashioned within the inventory market? Consultants warned- “It is not going to be straightforward to get out of it” Disclaimer: Right here info is being supplied right here just for info. It’s needed to say right here that the funding market out there is topic to dangers. At all times seek the advice of consultants earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
