Listed on the exchanges, CIE Automotive India is a multi-technology provider of automotive components. It is a division of the Spanish industrial conglomerate CIE Automotive group, which is listed on the Madrid stock exchange and specialises in providing parts and subassemblies for the automobile industry. The group has operations all over the world. Following the record date for dividend purposes, CIE Automotive India’s shares finished Monday on the BSE 1.60% down at Rs 392.85 per share, with a market capitalisation of Rs 14,903.25 Cr.

CIE Automotive India Dividend

“We wish to inform you that the Board of Directors of the Company (the Board) at its meeting held today i.e. 20th February, 2025 recommended to the members, for their consideration and approval at the ensuing 26th Annual General Meeting of the Company, Final Dividend of Rs. 7.00/- (Rupees Seven only) per Equity Share of face value of Rs. 10/- each for the financial year ended 31st December, 2024,” said CIE Automotive India in a stock exchange filing.

Additionally, the Board gave its approval to hold the 26th Annual General Meeting of the company’s Members (the AGM) on Wednesday, April 30, 2025.

CIE Automotive India Record Date & Dividend Payment Date

“Further pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable provisions of the Companies Act, 2013, the Board has fixed Wednesday, 23rd April, 2025, as the Record Date for the purpose of the AGM and determining the shareholders entitled for Final Dividend, as may be declared by the members at the AGM. The Dividend on the Equity Shares of the Company for the year ended 31st December 2024, as recommended by the Board of Directors and as may be declared at the ensuing AGM, will be paid within a period of 30 days from the date of the AGM to those Shareholders or their mandates: 1. whose names appear as Beneficial Owners as per the data made available by National Securities Depository Limited and Central Depository Services (India) Limited in respect of the shares held in electronic form at the close of business hours on Wednesday, 23rd April, 2025; and 2. whose names appear as Members in respect of shares held in Physical Form as per the Register of Members of the Company on the close of business hours Wednesday, 23rd April, 2025,” informed CIE Automotive India stock exchanges.

CIE Automotive India Financials

In comparison to the same quarter last year, when its net profit was Rs 168.9 crore, CIE Automotive India reported a 9.5% YoY growth in Q4 net profit at Rs 184.9 crore. Revenue, however, fell 5.8% YoY to Rs 2,109.9 crore in Q4FY25 from Rs 2,240.3 crore in Q4FY24. The company’s EBITDA margin shrank marginally to 14.2% from 14.6% and its EBITDA fell 8.6% YoY to Rs 299.2 crore in the 4th quarter of the current fiscal from Rs 327.2 crore in the same quarter of the previous fiscal. On February 20, 2025, CIE Automotive India released its Q4 results.

CIE Automotive India Share Price Target

Mandar Bhojane – Equity Research Analyst at Choice Broking said, “CIEINDIA is currently in a strong downtrend, trading between 390 and 395. The stock has been consistently forming lower highs and lower lows, indicating sustained bearish momentum. Despite a recent minor pullback, it continues to face resistance at higher levels, showing no clear signs of a reversal. The exponential moving averages (EMA) for 20, 50, 100, and 200 days are aligned in a bearish formation, with shorter-term EMAs positioned below the longer-term EMAs. This alignment confirms the ongoing weakness in price action as the stock continues to trade below these key moving averages.”

“On the upside, resistance is observed at 415, while on the downside, major support is located around 370. The relative strength index (RSI) is at 37.4, reflecting weak momentum and remaining close to the oversold zone. While short-term bounces are possible, the overall trend remains bearish,” the analyst added.

“Unless the stock breaks above key resistance levels, the prevailing downtrend is likely to persist. Traders should exercise caution and wait for signs of trend reversal or increased buying interest before considering long positions,” Mandar Bhojane further recommended.

Disclaimer

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