India Motor Parts and Accessories Ltd board recommends dividend of Rs. 10

The board of directors of India Motor Parts and Accessories Ltd at their meeting held today have recommended a dividend of Rs. 10/- (100%) per equity share for the financial year 2020-21 on the paid up capital of Rs. 12.48 crores, subject to the approval of the shareholders at the ensuing Annual General Meeting. The dividend, if approved by the shareholders, will be paid on or after 9th September, 2021 to those shareholders whose names stand the register of members of the company as on August 31, 2021.

Shares of INDIA MOTOR PARTS & ACCESSORIES LTD. was last trading in BSE at Rs.698.75 as compared to the previous close of Rs. 710.5. The total number of shares traded during the day was 351 in over 60 trades.

The stock hit an intraday high of Rs. 714 and intraday low of 690. The net turnover during the day was Rs. 246171.

Source : Equity Bulls

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