Bengaluru, May 26 -- This small-cap Auto Ancillaries stock, engaged in manufacturing automotive components such as exhaust systems, control arms, and other key parts for passenger and light commercial vehicles across India, is in focus after the company reported a March quarterly result, along with a 1625 percent dividend, and announced a 1:1 bonus issue.
With a market capitalization of Rs. 5,475.40 crores, the share of Sharda Motor Industries Limited has reached an intraday high of Rs. 1,994.30 per equity share, rising nearly 1.58 percent from its previous day's close price of Rs. 1,963.25. Since then, the stock has retreated and is currently trading at Rs. 1,907.55 per equity share.
Q4 FY25 Result Walkthrough
Coming into the quarterly ...