TVS Group Stock Set To Reward Shareholders? Board To Consider 2nd Interim Dividend For FY26 On This Date

A prominent producer of high-precision components in India, Sundram Fasteners Limited was established in 1962 and is part of the TVS Group. One of the top producers of automotive components, Sundram Fasteners Limited, has declared that it is going to pay a dividend to its shareholders soon.

"We wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, October 28, 2025, inter-alia, to consider the following: 1. Review and approve the Unaudited financial results for the second quarter and half-year ended September 30, 2025, and 2. Declaration of Interim Dividend for the financial year ending March 31, 2026," said Sundram Fasteners in a stock exchange filing.

"The trading window for dealing in the securities of the Company by Designated Persons shall remain closed till 48 hours (two working days) after the declaration of Unaudited financial results i.e. from September 30, 2025 (Tuesday) to October 30, 2025 (Thursday) (both days inclusive, as per the Code of Conduct for Designated Persons of the Company framed under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015," Sundram Fasteners has further informed the stock exchanges.

According to Screener's data, the company's sales have increased at a compound annual growth rate (CAGR) of around 7% over the last ten years, while its net profit has grown at a CAGR of roughly 15%. Comparing the latest trailing-twelve-months (TTM) period to previous years, the sales growth has slowed to approximately 4% and the profit growth to about 2%. Regarding profitability and returns, the company has produced a return on equity (ROE) of around 19 per cent over the previous ten years, 17 per cent over the previous five, and 16 per cent during the last three. In recent years, the Return on Capital Employed (ROCE) has been around 17-19 per cent.

The firm has been classified as a "Mid-range Performer" based on recent data from Trendlyne; its Durability Score of 60 out of 100 indicates that its financial health is relatively good, while its Valuation Score of 33.5 out of 100 indicates that the stock may be viewed as a bit expensive or missing a value cushion. According to Trendlyne, the stock is down about 30-31% from its 52-week high and is trading below both its 50-day and 200-day moving averages. Its low volatility is indicated by a beta of only ~0.6. Four experts have predicted that Sundram Fasteners' share price would reach Rs 1,226.75 in FY25-26, representing a rise of 25%.

Sundram Fasteners Target Price

"Sundram Fasteners (₹979): The stock is consolidating near ₹960 support with resistance at ₹1,010. A breakout above ₹1,010 could open the path toward ₹1,050. Price action suggests accumulation with a mildly positive bias as long as it holds ₹960," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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