Big Dividend Payout of Rs 35 & Record Date Falling In April; Perfect Time To Buy This Large-Cap Stock?

Schaeffler India has declared a record date for its upcoming dividend, which made the stock to be in focus for investors looking for dividend-paying stocks. The Board of Directors of the company has recommended a dividend of Rs 35/- per equity share of face value of Rs 2/- each. And for the purpose of the same, the record date has been fixed to determine the eligible shareholders.

Schaeffler India Dividend Record Date

"This is to inform you that the Record Date for the purpose of 63rd Annual General Meeting ('AGM') and identifying the list of members eligible for the payment of Dividend is Thursday, April 23, 2026. The Dividend for the year ended December 31, 2025, if approved by the shareholders at the ensuing AGM shall be paid within 30 days from the date of the AGM," Schaeffler India has confirmed in a regulatory statement.

Schaeffler India Share Price Trend

The share price of Schaeffler India Ltd (SCHAEFFLER) was Rs 4,159.70 on the NSE as of 2:35 PM IST on March 9, 2026. From its previous close of Rs 4,325.80, the stock is currently down 3.84%. Schaeffler India began trading on March 9, 2026, at Rs 4,274.00. The stock was under pressure to decline during the day, reaching an intraday low of Rs 4,119.00 before levelling off around Rs 4,159.70. Currently, the company's market value is around Rs 65,018 Cr. The stock has fluctuated significantly over the last year, ranging from a 52-week low of Rs 2,823.00 to a high of Rs 4,467.70.

Schaeffler India Share Price Outlook

"Schaeffler India has been a superstar stock recently. Just a few days ago, it completely ignored the weak market and shot up to a brand-new high near Rs.4,467. The company is doing fantastic business, making solid profits, and carries almost zero debt. Today, the share price has cooled-down a bit and is trading near Rs.4,160. This is completely normal. When a stock runs up too fast, people sell some shares to lock in their profits. If you missed the big rally, this small dip is a great chance to slowly buy into a very safe, high-quality company," commented Market Wizard's Adib Noorani.

"Schaeffler India stock price is bearish on the Daily charts with strong resistance at 4335. A Daily close below support of 4080 could lead to a target of 3700 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

About Schaeffler India

For more than 75 years, the Schaeffler Group has been advancing ground-breaking motion technology notions and advancements. Innovative technologies, products, and solutions for electric mobility, CO2-efficient drives, chassis solutions, and renewable energies are all part of Schaeffler India's 75-year global legacy as a reliable partner for making motion more intelligent, efficient, and sustainable.

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