Sundaram-Clayton to declare second interim dividend
Shital Jibhe / 16 Feb 2017
The board of directors of Sundaram Clayton Limited will meet on March 2017, to consider and discuss their second interim dividend if any, with shareholders of the company, for the financial year ending on March 31, 2017.
The board of directors of Sundaram Clayton Limited will meet on March 2017, to consider and discuss their second interim dividend if any, with shareholders of the company, for the financial year ending on March 31, 2017.
On Thursday, the stock of the company did not have a good day on the bourses and is down by 3 per cent. In the last one year, the stock of the company has surged by 71.44 per cent and has outperformed BSE mid-cap and auto index.
SBI Mutual Fund, Birla Sun Life Mutual Fund, Reliance Mutual Fund, and Sundaram Mutual Fund are the four fund houses which has invested in the stock of the company.
Sundaram Clayton is one of the largest auto components distribution and manufacturing company in India. The company is a leading supplier of aluminium die casting to non-automotive and automotive sector.
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