Small Cap Auto Ancillaries Stock To Go Ex-Bonus In 1:1 Ratio, Ex-Dividend For Rs 5/Share

Small cap stock operating in Auto Ancillaries sector, NDR Auto Components Ltd will go ex-dividend next week on July 12, 2023 for Rs 5 per equity share of Rs 10/- each for the year ended March 31, 2023. The stock will also go ex-bonus in 1:1 ratio on July 24, 2023. In last 3-months NDR Auto Components shares delivered 54% return and 128% return in last 1-year. Check details pertaining to dividend and bonus share below:

NDR Auto Components To Go Ex-Dividend On July 12, 2023: The stock will trade ex-dividend on July 12. The company on May 29, 2023 stated in its regulatory filing, "Pursuant to Regulation 43 of the SEBI Regulations, the Board of Directors has recommended dividend@50% i.e. Rs. 5 per Equity share of Rs. 10/- each of the Company for the year ended 31st March, 2023. The dividend, after approval of the shareholders, shall be paid within 30 days of declaration."

NDR Auto Components To Go Ex-Bonus On July 24, 2023: The company fixed July 24, 2023 as the record date for bonus issue in the proportion of 1:1. The company announced bonus share on May 29, 2023. According to the BSE filing of the company, "Issue of 1 (one) Bonus Share for every 1 (one) Equity Share held by the Equity Shareholders of the Company as on 'Record Date'. The Bonus Issue of Equity Shares is subject to the approval of the shareholders and other applicable statutory and regulatory approvals as may be required."

NDR Auto Components Stock Performance & Return: Last trading price of NDR Auto Components share is Rs 875.75 per share with intraday gain of 0.32% as of July 7, 2023. The stock's 52-week high price is Rs 897.95 per share and 52-week low price is Rs 361.10 per share, respectively. The company has a market capitalisation of Rs 520.75 crore. NDR Auto Components shares offered return of 49% YTD and 142% return in last 2-years.

NDR Auto Components Recent Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 133.05 crore, up 24.29% as against Rs 107.05 crore declared in the last quarter. It announced its recent quarter net profit after tax at Rs 7.50 crore.

Disclaimer: The stock just highlights the dividend and bonus and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for ay losses. Please consult a professional advisor.