Mid Cap Auto Ancillaries Stock Declares Rs 5/Share Dividend After Market Hours

Mid cap company operating in Auto Ancillaries, CIE Automotive India shares settled 0.19% higher to 484.30 apiece. The company today at its 25th AGM considered and approved final dividend of Rs 5.00 per ordinary equity share of the face value of Rs 10 each for the financial year ended March 31, 2023.

CIE Automotive shares declined 1.86% in last 2-weeks and offered return of 141% in last 2-years. Check details below:

CIE Automotive Approves Final Dividend: As per the BSE filing of the company dated Feb 19, 2024, "We wish to inform that the Board of Directors of the Company (the Board) at its meeting held today i.e. 19th February 2024 recommended to the members, for their consideration and approval at the ensuing 25th Annual General Meeting of the Company, Final Dividend of Rs. 5.00/- (Rupees Five only) per ordinary equity share of face value of Rs. 10/- each for the financial year ended 31st December 2023."

CIE Automotive Shares Performance & Return: The 52-week high price of CIE Automotive shares on BSE is Rs 578.10 apiece and 52-week low price is Rs 332.20 apiece, respectively. The company has a market capitalisation of Rs 18,372.52 crore. CIE Automotive shares zoomed 24% in last 1-year and gained 154% in last 3-years. In last 5-years, CIE Automotive stock gained 122% and 706% in last 10-years.

CIE Automotive About: CIE Automotive India is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai. It is a subsidiary of the CIE Automotive group of Spain; an industrial group specialised in supplying components and subassemblies for the automotive market, which has presence across the globe and is listed on the stock exchange in Madrid, according to its official website.

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