This TVS Group Stock, which operates in the auto ancillary sector and is one of the largest auto components manufacturing and distribution groups in India, is in focus after the TATA Group stock purchased a 2.81 percent stake from its promoter entity, increasing its holding from 2.39 percent to 5.20 percent.
With a market capitalization of Rs. 4,461 Crore, the stock of Sundaram Clayton Limited opened at Rs. 2045.20, up 0.79 percent from yesterday’s close of 2,029, and after opening, it made a high of Rs. 2,098, up 3.40 percent.
TATA Mutual Fund Stake Buy
TATA Mutual Fund Bought 6,21,000 Shares at the price of Rs. 1,990 per share, where the value comes out to be Rs. 123.57 Crores, and the Seller of the Shares was the Promoter of the Company, Srinivasan Trust, which sold 6,20,265 shares at the price of Rs. 1,990.09 per share.
TATA Mutual Fund, as of Q3 data, already held 5,27,911 shares in the Company or 2.39 percent of the total shareholding. After the recent purchase, its shareholding increased from 2.39 percent to 5.20 percent.
Additionally, in this deal, Srinivasan Trust (VS Trustee Private Limited, Trustee) has completely sold its holdings in the company, it held 2.81 percent or 6,20,265 shares of the total shares.
Also read: Ethanol stock skyrockets 13% after reporting 1,030% QoQ increase in net profit
About the Company
Established in 1962 and based in Chennai, Sundaram Clayton Limited (SCL) is part of the larger TVS Group, one of India’s most respected industrial conglomerates. The company specializes in the manufacturing of aluminum die-cast products primarily for the automotive industry. The company supplies precision-engineered components such as engine parts, transmission parts, and brake systems to major global and domestic automobile manufacturers.
Q4FY25 Financial Highlights
The company reported a 5.78 percent YoY increase in revenue from Rs. 554.80 Crore in Q4FY24 to Rs. 586.92 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 10.87 percent in revenue from Rs. 529.35 Crore in the previous quarter.
They reported a Net loss of Rs. 47.34 Crore in Q4FY24, the Net loss changed to Net Profit of Rs. 143.55 Crore in Q4FY25. However, on a QoQ basis, the Company has reported a Net loss of Rs. 44.15 Crore in the previous quarter.
Written By Abhishek Das
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
