Sundram Fasteners declares interim dividend of ₹4.05 per share
Sundram Fasteners (NSE: SUNDRMFAST) said its board has declared a interim dividend of ₹4.05 per equity share. The company is valued at about ₹22,038 crore.
What happened
Sundram Fasteners (NSE: SUNDRMFAST) informed the stock exchanges on 28 October 2026 at 07:30 PM that its board has declared a interim dividend of ₹4.05 per equity share.
From the filing: "Sundram Fasteners Limited has informed the Exchange that Board of Directors at its meeting held on October 28, 2026, declared Interim Dividend of Rs. 4.05 per equity share."
How big is it?
At the latest price of ₹1,048.8, the ₹4.05 payout amounts to 0.39% of the share price.
Company snapshot
Sundram Fasteners is a small-cap company in the Automobile and Auto Components sector, with a market value of about ₹22,038 crore.
The stock last traded at ₹1,048.8, against a 52-week range of ₹730.1–₹1,347.2 (22.1% below the high).
Before this filing the shares had moved −11.5% over the month and +9.4% over three months. Average daily turnover over the last 20 sessions was about ₹13.5 crore.
Promoters held 46.95% at the end of Q1 FY27. Foreign institutions owned 11.40% and domestic institutions 22.31%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,533 | 148.4 | 7.06 |
| Q2 FY26 | 1,521 | 150.9 | 7.18 |
| Q3 FY26 | 1,541 | 130.6 | 6.21 |
| Q4 FY26 | 1,693 | 161.4 | 7.68 |
| Q1 FY27 | 1,846 | 168.4 | 8.01 |
What history shows
BCEIE's records show 1 previous dividend filing from the company since May 2026.
Across 23 similar disclosures by other Automobile and Auto Components companies, shares moved +1.6% on average the next day and +1.4% over five days; 65% of them rose the next day.
Market-wide, 892 dividend filings with an impact score of 50 or more saw an average next-day move of 0.0%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 28 October 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- Sundram Fasteners Q2 Net Profit Rises 14% to Rs 160 Crore as Revenue Expands
- Stable Stocks 2026: Sundram Fasteners, Engineers India
- Asahi India Glass, Sundram Fasteners, Motherson Sumi Wiring Q1 FY27 Results
- China Plus One Stocks 2026: Himadri, Sundram Fasteners
- Sundram Fasteners SUNDRMFAST Board Meeting October 2026
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.