Upper circuit of 5% in shares of Siddhika Coatings Limited.
Bonus Share: Shares of Siddhika Coatings Limited hit an upper circuit of 5% during trading on Monday. Shares of the company reached an intraday high of Rs 322.35. There is a big reason behind this rise in the company’s shares. Actually, shares of Siddhika Coatings Limited will trade at X Bonus on July 19. Let us tell you that the company had recently announced bonus shares in the ratio of 1:1. That means for every share, one additional share of the company will be given.
condition of shares
The 52 week high price of Siddhika Coatings Limited stock is Rs 322.50 and the 52 week low price is Rs 171.20. The market cap of the company is Rs 99.59 crore. The latest ownership pattern of Siddhika Coatings Limited shows that promoters hold 63.09 percent, retail shareholders hold 36.91 percent and domestic institutional investors hold 0%.
Profit increased by 47%, investors pounced on shares as soon as the news came, price came at ₹69
company business
Siddhika Coatings Limited is an Indian-based company. The company imports and exports natural and synthetic resins, molding powders, adhesives and cements, oil colours, distempers, cellular paints, colours, varnishes, enamels (including gold and silver leaf enamels), soaps and other commodities.
This energy stock can fall by 58%, is continuously giving profits, experts said – sell it.
stock market situation
Let us tell you that the market cap of companies listed on BSE reached a new all-time high of Rs 455 lakh crore on Monday. The 30-share BSE Sensex closed at a record high of 80,664.86, up 145.52 points or 0.18 per cent. During the day’s trading, it rose 343.2 points or 0.42 percent to 80,862.54 points. Amid the boom in the stock market, the market capitalization of BSE listed companies increased to the highest level of Rs 4,55,06,566.48 crore. In the two-day rise in the market, there has been an increase of Rs 3.85 lakh crore in the wealth of investors.
