ZF Commercial Share Price Near Recent Highs: BSE 500 Auto Stock To Pay Rs. 19 Dividend; Buy After Q4 Results?

The market leader in the country for conventional brake products, advanced braking systems, and associated air-assisted technologies and systems is ZF Commercial Vehicle Control Systems India Limited. ZF has ten worldwide engineering centers and 14 companies, including one joint venture, that operate in India. Pune is home to the corporate office of the ZF Group in India. ZF Commercial Vehicle Control Systems India Ltd. has five production plants and its headquarters are in Chennai, Tamil Nadu. Following solid Q4 results and the announcement of the FY25 dividend, the price of ZF Commercial shares has been steadily rising and is currently trading close to its recent highs. It is anticipated to be a topic of discussion in the upcoming sessions.

ZF Commercial Dividend

The Board of Directors have "recommended a dividend of Rs. 19/- per equity share of Re.5/- each for the financial year ended March 31, 2025 to the shareholders for approval. The said dividend, if approved at the forthcoming Annual General Meeting ('AGM'), shall be paid on or before September 18, 2025," said the company in a stock exchange filing.

"The 21st Annual General Meeting of Members of the Company is scheduled to be held on Wednesday, the August 20, 2025. The record date for the purpose of the Annual General Meeting and payment of final dividend is August 8, 2025," informed the company to the stock exchanges.

ZF Commercial Q4 Results

On a standalone basis, the company's March 2025 quarter net sales of Rs 1,003.19 crore represented a 4.99% growth over the March 2024 quarter's net sales of Rs 955.52 crore. In Q4FY25, its net profit was Rs. 125.19 crore, increasing 23.86% from Q4FY24's Rs. 101.07 crore. EBITDA increased 19.77% from Rs. 166.89 crore in the same quarter of the previous fiscal year to Rs. 199.89 crore in the current quarter.

ZF Commercial Share Price Target

"ZF Commercial Vehicle has seen a steady uptrend and is trading near its recent highs. The stock has support near ₹12,700, and staying above this could help it move toward ₹13,500-₹13,800. Technical indicators are strong, with a bullish RSI and MACD. Any dips towards ₹12,800-₹12,900 can be seen as buying opportunities with a stop below ₹12,500," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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