Final Dividend of Rs. 6 For FY25 To Be Paid Soon: Record Date In The Coming Days of July; Is It A Good Buy?

A well-known Indian business, Centum Electronics Limited, focuses on designing and building systems and subsystems for mission-critical products in the industrial, transportation, medical, space, and defence industries. One of the largest Electronics System Design and Manufacturing (ESDM) firms in India was established in 1993. Following the announcement of the company's final dividend record date of Rs. 6 for FY25, a Mehta Equities analyst recommended buying on dips.

Centum Electronics Dividend

"This is to inform that the 32nd AGM of the Company will be held on Tuesday, August 5, 2025, at 10:30 A.M. IST through video conference and other audio-visual means (VC/OAVM). The Company has considered, Tuesday, July 29, 2025, as the cut- off date for ascertaining the list of shareholders eligible to participate in the e-voting facility being offered in respect of the businesses to be transacted at the Thirty Second Annual General Meeting of the Company. The Board of Directors of the Company at its meeting held on May 22, 2025, had recommended final dividend for the financial year 2024-25, subject to approval of the Members at the 32nd Annual General Meeting (AGM) of the Company. In this regard, pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Friday, July 25, 2025, as Record Date for determining entitlement of members to final dividend of Rs. 6/- per share of face value of Rs. 10/- each for the financial year 2024-25," said Centum Electronics in a stock exchange filing.

Centum Electronics Share Price Target

"Centum is showing bullish strength, trading above its 50-day moving average and forming a series of higher lows. Immediate support lies at ₹2,250, while resistance is placed near ₹2,400. A breakout above this resistance level, backed by volume, could push the stock toward ₹2,550. On the downside, a slip below ₹2,250 may drag it down toward significant support near ₹2,150. The overall trend remains positive, and buying on dips toward ₹2,270-₹2,300 with a stop-loss below ₹2,240 looks sensible for short-term gains," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.