Latest news with #SwarajEngines
Time of India
13 hours ago
- Automotive
- Time of India
Mahindra Group-owned smallcap stock goes ex-dividend today with Rs 104.50 per share
Mahindra & Mahindra (M&M) group-backed smallcap stock Swaraj Engines starts trading ex-dividend from today, as the board of directors of the company had announced June 27 as the record date for their Rs 104.50 per share dividend eligibility. The dividend was announced by the company earlier in the month of April along with the company's results for the quarter ended March 2025. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Novas soluções para a impotência masculina: o que vem em 2025 Tratamento para disfunção erétil | Links Patrocinados Busque agora Undo The company, in a separate exchange filing, said that the record date was fixed as June 27 and further added that the said dividend will be credited to the demat accounts of the eligible shareholders by July 15. 'While referring to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby withdraw the information related to Book Closure dates i.e. from Saturday, 28th June, 2025 to Friday, 4th July, 2025 (both days inclusive) and hereby inform that Friday, 27th June, 2025 is fixed as the Record Date for purposes of determining the Members eligible to receive the dividend,' the company said. This is the highest-ever dividend payout in the history of the company, according to Trendlyne data. The same data suggests that in the past 12 months, Swaraj Engines has declared an equity dividend amounting to Rs 95 per share and at a share price of Rs 4185.70, the company's dividend yield is 2.27%. Live Events Swaraj Engines shareholding pattern The company's 52.12% equity rests in the hands of the promoter and the promoter group, while the remaining 47.88% lies in the hands of the public shareholders. The company's promoter and promoter group consists of M&M, who hold the entire promoter stake, according to the data available on BSE. Swaraj Engines share price performance The shares of Swaraj Engines have delivered multibagger returns over a period of 2 years, gaining 101.10% during this timeframe. On a 1-year basis, it has risen 39.32%, while the year-to-date (YTD) return stands at 39.52%. Over the last 6 months, the stock has gained 43.32%, and in the past 3 months, it is up 9.35%. For the 1-month period, the stock has delivered a more modest return of 2.94%. On Thursday, the shares of Swaraj Engines closed 1% higher at Rs 4,187.90 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
13 hours ago
- Automotive
- Economic Times
Mahindra Group-owned smallcap stock goes ex-dividend today with Rs 104.50 per share
Mahindra & Mahindra (M&M) group-backed smallcap stock Swaraj Engines starts trading ex-dividend from today, as the board of directors of the company had announced June 27 as the record date for their Rs 104.50 per share dividend eligibility. ADVERTISEMENT The dividend was announced by the company earlier in the month of April along with the company's results for the quarter ended March 2025. The company, in a separate exchange filing, said that the record date was fixed as June 27 and further added that the said dividend will be credited to the demat accounts of the eligible shareholders by July 15. 'While referring to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby withdraw the information related to Book Closure dates i.e. from Saturday, 28th June, 2025 to Friday, 4th July, 2025 (both days inclusive) and hereby inform that Friday, 27th June, 2025 is fixed as the Record Date for purposes of determining the Members eligible to receive the dividend,' the company is the highest-ever dividend payout in the history of the company, according to Trendlyne data. The same data suggests that in the past 12 months, Swaraj Engines has declared an equity dividend amounting to Rs 95 per share and at a share price of Rs 4185.70, the company's dividend yield is 2.27%. ADVERTISEMENT The company's 52.12% equity rests in the hands of the promoter and the promoter group, while the remaining 47.88% lies in the hands of the public company's promoter and promoter group consists of M&M, who hold the entire promoter stake, according to the data available on BSE. ADVERTISEMENT The shares of Swaraj Engines have delivered multibagger returns over a period of 2 years, gaining 101.10% during this timeframe. On a 1-year basis, it has risen 39.32%, while the year-to-date (YTD) return stands at 39.52%.Over the last 6 months, the stock has gained 43.32%, and in the past 3 months, it is up 9.35%. For the 1-month period, the stock has delivered a more modest return of 2.94%. ADVERTISEMENT On Thursday, the shares of Swaraj Engines closed 1% higher at Rs 4,187.90 on the BSE. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
News18
2 days ago
- Automotive
- News18
Mahindra's Swaraj Engines Declares Highest-Ever Dividend; Record Date Set For June 27
Last Updated: Swaraj Engines set June 27, 2025, as the record date for its highest-ever dividend of Rs 104.50 per share for FY25. Shareholders must buy shares by June 26 to qualify. Swaraj Engines Dividend 2025: Swaraj Engines has fixed June 27, 2025, as the record date for its Rs 104.50 per share dividend for FY25 — the highest-ever payout in the company's history. Shareholders on record as of that date will be eligible to receive the dividend. This marks a significant jump from previous years — Swaraj Engines had declared a Rs 94 dividend per share in FY24 and Rs 93 in FY23. Since its first dividend announcement on September 12, 2003, the company has issued 30 dividends to shareholders. Based on the current market price of Rs 4,100 per share, the latest dividend offers a yield of 2.32%. On Wednesday, Swaraj Engines shares were trading at Rs 4,107 apiece, against the previous close of Rs 4,100 apiece. The scrip opened at Rs 4,160 apiece. Given India's T+1 settlement cycle, investors must purchase the shares by June 26 to qualify for the payout. The dividend will be disbursed post the company's Annual General Meeting (AGM), scheduled for July 15, 2025. Swaraj Engines operates as a subsidiary of Mahindra & Mahindra, which holds a 52.1% stake in the company. As of the March 2025 quarter, public shareholders own 34.5%, while foreign institutional investors (FIIs) and domestic institutional investors (DIIs) hold 3.5% and 9.9%, respectively. Established in 1985 and headquartered in Mohali, Punjab, Swaraj Engines primarily manufactures and supplies engines to Mahindra & Mahindra's Swaraj Division, catering to the agricultural machinery segment. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: June 25, 2025, 09:46 IST
Mint
3 days ago
- Automotive
- Mint
Mahindra-backed Swaraj Engines dividend record date fast approaching. Should you buy?
Swaraj Engines dividend in focus: The record date for the ₹ 104.50 dividend for FY25, announced by Swaraj Engines, is fast approaching. The date has been set as June 27, which will determine the shareholders eligible to receive the dividend. To be eligible, investors must hold the shares on or before the record date. However, due to the T+1 settlement cycle in India, investors must buy the shares at least one day before the record date. The company will distribute the dividend to eligible shareholders after the Annual General Meeting on July 15, 2025. The ₹ 104.50 per share dividend is also the highest-ever payout announced by the company. For comparison, the company paid a ₹ 94 dividend per share in FY24 and ₹ 93 per share in FY23. Since September 12, 2003, Swaraj Engines has declared 30 dividends. At the current share price of ₹ 4,100, the dividend yield stands at 2.32%. Swaraj Engines is a subsidiary of Mahindra & Mahindra, which holds a 52.1% stake in the company. General public shareholders own 34.5%, while FIIs and DIIs hold 3.5% and 9.9%, respectively, as of the March quarter. Swaraj Engines was set up in 1985 in Mohali, Punjab, and is primarily engaged in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra Ltd. (M&M). Looking at the financial performance, the company reported its highest-ever quarterly engine sales and profit for the quarter ended March 31, 2025. Q4 engine sales rose 29% YoY to 45,594 units, with net revenue at ₹ 454.16 crore and profit after tax up 20.4% to ₹ 165.98 crore. FY25 also marked a record year, with engine sales growing 21.7% YoY to 168,820 units and PAT rising 20.4% to ₹ 165.98 crore, the highest in any financial year. On the back of consistent growth, the board approved a capacity expansion from 195,000 to 240,000 units per year, funded through internal accruals, to meet future engine demand and adopt newer technologies. The company's shares have shown a steady upward trend in recent months, closing three out of the last four months in the green, with a 58% gain, outperforming the broader markets. This strong rally has led to a 155% gain over the last three years and 190% over the last five years. In April, the stock touched a fresh all-time high of ₹ 4,470, nearing the ₹ 4,500 mark. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
05-06-2025
- Business
- Mint
Hero MotoCorp, Coromandel to Emami: Experts bullish on these stocks on early monsoon arrival
For a country where 60% of the population depends on agricultural income, and where agriculture contributes 18% to India's GDP, the timely arrival and widespread distribution of the monsoon can have a far-reaching impact on the economy. It will also influence the fortunes of sectors that are heavily dependent on rural income. The monsoon, which provides 70% of India's annual rainfall, also has the power to influence central bank decisions and shape the direction of the Indian stock market. In this context, India's 2025 monsoon season has commenced notably early, with the southwest monsoon arriving eight days ahead of the typical onset date of June 1—marking the earliest onset in 16 years, according to the India Meteorological Department (IMD). Following this early arrival, the IMD has forecast above-normal rainfall of at least 108% of the long-period average (LPA) in June 2025. This points to a potentially strong agricultural season—crucial for rural demand—and could benefit sectors such as agrochemicals, fertilizers, tractors, two-wheelers, and FMCG, all of which are closely tied to agricultural performance and rural incomes. Ample monsoon rainfall is also expected to boost hydropower generation and replenish large reservoirs. Moreover, nearly half of India's farmland, which lacks irrigation coverage, relies heavily on the June–September monsoon rains. The above-normal monsoon is also likely to ease inflation further. Inflation has already been on a downward trend over the past three months, hitting a six-year low in April. This could give the Reserve Bank of India more room to adopt a softer stance on interest rates—potentially lifting consumption demand, especially in urban India. Amid expectations of an above-normal monsoon in 2025, brokerage firm Way2Wealth has identified eight stocks that are well-positioned to benefit from a robust rural and agricultural recovery. These monsoon picks span sectors that are directly or indirectly influenced by rainfall trends and rural demand. The brokerage has picked Bayer CropScience from the agrochemicals sector with a target price of ₹ 6,450 apiece, and Coromandel International from the fertilizers and crop protection segment, setting a target price of ₹ 2,700. It has also given a 'buy' rating to Godrej Agrovet, with a target of ₹ 840. In the tractor segment, Swaraj Engines has been chosen by the brokerage, while in the two-wheeler space, it has picked Hero MotoCorp, expecting both to benefit from rural demand tailwinds. The target prices for Swaraj Engines and Hero MotoCorp are set at ₹ 4,600 and ₹ 5,000, respectively. In the FMCG space, the brokerage has preferred Emami, assigning a target price of ₹ 660, as it believes the company could gain from increased rural FMCG spending. Supreme Industries, which may benefit from higher demand for irrigation and rural infrastructure, has been given a target price of ₹ 4,750. Way2Wealth has also included Canara Bank in its list, setting a target of ₹ 125 apiece, citing the potential for increased rural credit demand. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
