Murugappa Group Stock Declares Rs 20 Dividend — Watch For Breakout Ahead of 14th July Record Date?

Wendt (India) Limited (WIL) is a prominent Indian producer of precision components, grinding equipment, and super abrasives, catering to a range of sectors such as engineering, automotive, and aerospace. It was established in 1980 as a joint venture between The House of Khataus (later Carborundum Universal Ltd., an arm of the Murugappa Group) and Wendt GmbH (Germany). The market capitalization of Wendt (India), a publicly traded company with listings on the NSE and BSE, is around Rs 2,070 crore.

Wendt India Dividend

"The Directors have recommended a final dividend of Rs. 20/- (200%) per equity share (on a face value of Rs.10/-) for the financial year ended 31st March 2025. The dividend warrants, upon approval of final dividend by the shareholders at the 43rd Annual General meeting, will be posted by 12th August 2025. In case of shareholders opting for NECS/NACH, the dividend would be credited to their accounts by 12th August 2025. It may be recalled that an Interim Dividend at Rs.30/- per equity share was declared by the Board at its meeting held on 22nd January 2025 and paid on 18th February 2025. With this recommendation, the total dividend for the year ended 31st March 2025 aggregates to Rs. 50/- (Rupees Fifty Only)," said Wendt India in a stock exchange filing.

Wendt India Dividend Date

"The 43rd Annual General Meeting of the shareholders of the Company is scheduled to be held on Monday, 21st July 2025. The Record Date for the purpose of 43rd Annual General Meeting final dividend for the FY 2024-25 and is Monday, 14th July 2025," the company informed stock exchanges.

Wendt India Q4 Results

In the quarter that ended in March 2025, Wendt India's net profit dropped by 3.66% to Rs 12.89 crore, compared to Rs 13.38 crore in the quarter that ended in March 2024. Compared to the year-ago quarter, which ended in March 2024, when sales were Rs 69.47 crore, they climbed 7.87% to Rs 74.94 crore in the quarter that ended in March 2025.

In the entire year ending in March 2025, net profit went down by 3.59% to Rs 39.48 crore, compared to Rs 40.95 crore in the year ending in March 2024. Compared to Rs 224.82 crore in FY24, sales increased by 2.81% to Rs 231.14 crore in FY25.

Wendt India Share Price Target

"Wendt (India) is currently trading in a consolidation phase with limited volumes. Price action remains range-bound between ₹10,000 and ₹10,600. A breakout on either side will dictate the next directional move. Until then, the stock may continue to trade sideways. Traders should wait for clear price confirmation before initiating fresh positions," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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