Auto Stock Alert: Rs 20 Dividend Declared, Record & Payment Date Inside; Breakout Or Breakdown Ahead?

India Motor Parts & Accessories Limited (IMPAL), a TSF Group Company, was formed on July 12, 1954. IMPAL is one of the few motor parts distributors in India, specializing in engine group components, brake systems, fasteners, radiators, suspensions, axles, auto electricals, wheels, steering linkages, instrument clusters, and so on. The company serves the Indian automotive aftermarket by representing 28 manufacturers of OEM-quality products.

IMPAL Dividend

"A dividend of Rs. 20/- per Equity Share of Rs. 10/- each (200%) has been recommended for the financial year 2024-25 on paid up capital of Rs. 12.48 crores, subject to approval of the shareholders at the ensuing 71st Annual General Meeting (AGM). The dividend, if approved by the shareholders, will be paid on or before 21st August, 2025, to those Shareholders whose names appear in the Register of Members of the Company as on Friday, 18th July, 2025," said India Motor Parts & Accessories in a stock exchange filing.

India Motor Parts & Accessories Q4 Results

India Motor Parts & Accessories' net profit improved 20.74% to Rs 23.93 crore in the March 2025 quarter from Rs 19.82 crore in the March 2024 quarter. Compared to Q4FY24, when sales were Rs 178.56 crore, sales in Q4FY25 jumped by 5.76% to Rs 188.85 crore. In the year ending in March 2025, net profit improved 13.19 percent to Rs 83.67 crore, compared to Rs 73.92 crore in the year ending in March 2024. In the year ending in March 2025, sales increased by 6.43% to Rs 788.81 crore, compared to Rs 741.16 crore in the year ending in March 2024.

India Motor Parts Share Price Target

"The stock is currently range-bound between ₹1,020 and ₹1,080. A breakout above ₹1,080 could push prices toward ₹1,120. On the downside, strong support lies near ₹1,020, and holding above this level keeps the trend neutral to positive. Volumes have remained moderate, and RSI indicates a lack of momentum for now. Until a breakout is seen, the stock may continue to trade sideways. Suitable for investors looking to hold with patience and observe levels for entry," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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