Sikko Industries Performance Analyzed
Sikko Industries saw a significant jump in its stock price, rising by 12.08% to reach Rs 116.01. This continues a positive trend, marking its fourth consecutive winning trading session. The company’s strong performance is largely due to exciting news regarding a stock split and bonus issue.
Key Points
- Sikko Industries rose 12.08%, continuing a four-day winning streak.
- A 10-for-1 stock split is proposed, increasing share availability.
- Shareholders will receive one bonus share for each existing share.
- The split & bonus require approval at an upcoming shareholder meeting.
- Sikko Industries’ Q1 results showed strong growth in net profit.
- Net profit increased 24.57% to Rs 2.18 crore and sales up 13.98%.
Company Overview
Sikko Industries is a company involved in the production and distribution of a wide range of agricultural products. They specialize in bio-agro chemicals, pesticides, fertilizers, seeds, sprayers, and various related equipment. They also handle the import and export of FMCG products.
Financial Performance
Recent financial results demonstrate Sikko Industries’ positive trajectory. Specifically, the company’s net profit increased by 24.57% to Rs 2.18 crore during the first quarter of 2025 compared to the same period last year. Simultaneously, total sales increased by 13.98% to Rs 18.10 crore.
Shareholder Approval Needed
Important note: The proposed stock split and bonus issue are subject to shareholder approval at an extraordinary general meeting (EGM) scheduled for Thursday, November 13, 2025. This means shareholders need to vote to make these changes official.
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