Latest news with #SIKA
Mint
19-06-2025
- Business
- Mint
Retail investors' favourite defence stock delivers explosive 4135% return in 5 years. Is it in your portfolio?
Multibagger small-cap defence stock in focus: Maintaining its remarkable rally, shares of Sika Interplant Systems surged another 6% to hit a fresh all-time high of ₹ 1,624.95 apiece in an otherwise subdued session. The stock has been consistently hitting record highs since the beginning of June, delivering a phenomenal gain of 85% so far this month. It has now extended its winning streak to a fourth consecutive month, delivering a cumulative return of 254% in under four months. This latest rally has also rewarded long-term shareholders handsomely. The stock has skyrocketed 1,065% over the past three years and an astounding 4,135% over five years. Investors who have held the stock for the past decade have seen its value soar by nearly 7,000%. As of FY25, retail investors held a 25.2% stake in the company, while the majority 71.7% stake was held by the promoters. On June 3, the company entered into a license agreement with Goodrich Actuation Systems SAS (France) and Goodrich Actuation Systems Limited (UK), both part of Collins Aerospace. Under the agreement, the company is licensed to carry out maintenance, repair, and overhaul (MRO) of specific primary flight control actuation part numbers for which Collins is the original equipment manufacturer. SIKA is also authorized to service components from aircraft registered in India and select neighboring countries, according to the company's regulatory filing. SIKA is an engineering-driven company focused on India's Aerospace, Defence & Space (A&D) and Automotive sectors. Its core business lines include engineered projects and systems, interconnect solutions and electrical module integration, MRO services, and value-added distribution. The company is also a qualified Indian Offset Partner with a license for defence production from the Government of India. In recent years, the company has invested in advanced facilities to expand its operational footprint in line with the rapid development of the A&D sector in India. SIKA believes it is well-positioned to meet the demands of both domestic projects and international partnerships. Over the past decade, India has emerged as one of the world's most attractive A&D markets, driven by the Ministry of Defence's ongoing focus on modernising the armed forces. This is expected to lead to capital expenditure of approximately USD 250 billion over the next 10 years. With the world's third-largest armed forces, India has increased its defence budget for 2024–25 to around USD 78.8 billion, making it the third-largest defence spender globally—behind only the US and China. This accounts for nearly 2% of GDP and about 13% of total government expenditure. Defence spending has consistently remained between 13–14% of the Central Government's annual budget for the past six years. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
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Business Standard
18-06-2025
- Business
- Business Standard
Aerospace & defence stock up 86% so far in June; zooms 146% from May low
Shares of Sika Interplant Systems (SIKA) hit a new high of ₹1,537.30, as they surged 10 per cent on the BSE in Wednesday's intra-day trade on healthy business outlook. Deepak Korgaonkar Mumbai Share price of SIKA Interplant Systems today: Shares of Sika Interplant Systems (SIKA) hit a new high of ₹1,537.30, as the scrip surged 10 per cent on the BSE in Wednesday's intra-day trade on healthy business outlook. Thus far in June, the stock price of this aerospace & defence (A&D) company has soared 87 per cent. It has more than doubled or zoomed 146 per cent from its previous month low of ₹626.10 touched on May 7, 2025. It has skyrocketed 195 per cent from its May month low of ₹520.30 on the BSE.
Yahoo
12-06-2025
- Business
- Yahoo
SIKA IS UNLOCKING SMART AND DURABLE SOLUTIONS FOR DATA CENTER CONSTRUCTION
SIKA IS UNLOCKING SMART AND DURABLE SOLUTIONS FOR DATA CENTER CONSTRUCTIONToday in Dallas, United States, Sika outlines strategic initiatives and high-performance solutions that will drive the future of data center construction. With over 1,000 data centers built using Sika solutions and a strong pipeline of new projects, Sika has become the trusted partner of technology leaders shaping digital infrastructure worldwide. Global investments in data centers are projected to exceed CHF 400 billion by 20281, driven by the surging demand for cloud computing, artificial intelligence, and the Internet of Things (IoT). With the launch of the Stargate project alone, CHF 410 billion will be invested additionally in the United States over the next four years to develop data centers and infrastructure for training and operating advanced AI systems. By 2030, the demand for capacity (in GW) will quadruple compared to 20242. The rapid increase in data center investments demands accelerated construction processes that must be reconciled with high requirements on quality, durability, and sustainability. Hyperscale developments continue to dominate, driving large-scale capacity worldwide. In addition, localized infrastructure models such as edge data centers are emerging. Regardless of the size or location of the data centers, owners depend on local technical support and a steady product supply. Sika with its global footprint, is ideally positioned to benefit from this new trend. Thomas Hasler, Chief Executive Officer, said: 'Sika's end-to-end solutions from foundation to rooftop provide peace of mind to data center owners. No matter where in the world the construction takes place, customers are looking for assurance that the facility will be protected by high-quality, reliable solutions. The need for high-speed construction, advanced product performance and sustainability have made us the preferred partner for this fast-growing sector. We have been working with the industry's major players for more than 15 years. Our global presence and experience combined with our local technical support and supply provide important added value for customers worldwide.' INNOVATIVE SOLUTIONS FROM FOUNDATION TO ROOFTOPSika's sustainable solutions can contribute to savings of 13,000 tons of CO2-eq throughout the lifetime of a 25,000 m2 data center. Through Sika's fiber reinforcement technology, the need for steel reinforcement is also eliminated in slabs-on-ground, improving both sustainability and construction efficiency. In addition, Sika offers highly reliable waterproofing systems that create flexible, fully bonded barriers to protect against moisture intrusion. To help reduce the heat generated in data centers, Sika provides advanced roofing solutions that reflect solar radiation and lower interior temperatures. These systems can reduce air conditioning demand, leading to substantial savings in cooling costs. Inside the facility, Sika's flooring solutions are designed for quick and easy installation, providing durability and ease of maintenance. SIKA CORPORATE PROFILESika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and industrial manufacturing. Sika has subsidiaries in 102 countries around the world and, in over 400 factories, produces innovative technologies for customers worldwide. In doing so, it plays a crucial role in enabling the transformation of the construction and transportation sector toward greater environmental compatibility. With more than 34,000 employees, the company generated sales of CHF 11.76 billion in 2024. CONTACTDominik SlappnigCorporate Communications &Investor Relations+41 58 436 68 1Global Data2McKinsey, Data Centers Demands (link) The media release can be downloaded from the following link:Media ReleaseSign in to access your portfolio
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Business Standard
04-06-2025
- Business
- Business Standard
Microcap aerospace & defence stock zooms 36% in 2 days; here's why
Share price of Sika Interplant Systems today: Shares of Sika Interplant Systems (SIKA) zoomed 20 per cent to hit a new high of ₹1,125.3 on the BSE in Wednesday's intra-day trade amid heavy volumes. In the past two trading days, the stock price of the microcap company engaged in aerospace and defence business has surged 36 per cent. At 12:27 PM, SIKA was quoting 18 per cent higher at ₹1,109.30, as compared to a 0.24 per cent rise in the BSE Sensex. The average trading volumes on the counter jumped over fivefold, with 375,000 shares changing hands on the BSE, the exchange data shows. The company's market capitalisation stood at ₹2,345 crore. License agreement with Collins SIKA on Tuesday, June 3, 2025, informed that the company has entered into a License Agreement with Goodrich Actuation Systems SAS (France) and Goodrich Actuation Systems Limited (UK), each a part of Collins Aerospace (Collins). Under this agreement, SIKA will be licensed to undertake maintenance, repair and overhaul (MRO) of specific primary flight control actuation part numbers (components) for which Collins is the original equipment manufacturer (OEM). These Components are standard installations on all Airbus A320/A321 series aircraft. The company said as per the License Agreement, SIKA is authorised to service Components from aircraft registered in India and select neighbouring countries as defined in the agreement. This collaboration aligns with SIKA's strategic objective of expanding its MRO capabilities to better serve aviation and aerospace customers in India and the region, the company said. Industry structure and development India's geopolitical scenario and compulsions, real or perceived, are continuing to drive the development of its A&D industry. The stand-offs seen in recent years on the Indo-China border have renewed the urgency to build capability and capacity for India's defence industry. The geopolitical situation in South Asia and the Indian Ocean region, as well as the wider theatre of Southeast Asia and the South China Sea, has important implications for the defence sector, SIKA said in its FY24 annual report. The last decade has seen India emerge as one of the most attractive A&D markets in the world, given the Ministry of Defence's (MoD) continued emphasis on modernisation of the armed forces, which is expected to result in capital expenditure of about USD 250 billion over the next 10 years. There is a broad acknowledgement that while the man behind the machine remains motivated, some machines being manned need an upgrade. Opportunities The country's Defence expenditure has been punctuated by big-ticket deals and modernisation programs, the latter in response to the urgent need to enhance the deterrent and operational capabilities of the armed forces through upgradation/modernisation of existing equipment, as well as additional acquisitions of 'state of the art' equipment. The large scale of the market provides a significant opportunity for foreign original equipment manufacturers (OEMs), Indian industries and SMEs. The need for a self-reliant Defence sector and a sharp focus on minimising dependence on imports is seeing the continued opening up of the sector for private participation, SIKA said in its annual report. About Sika Interplant Systems Limited (SIKA) SIKA is actively involved in four main areas, namely, engineering (design and development); manufacturing, assembly and testing; projects and systems integration; and maintenance, repair and overhaul (MRO). Additionally, the Company's in-house capabilities in technology development and production are complemented by tie-ups with international partners. The majority of the Company's business is catered to serving the Aerospace, Defence & Space (AD&S) and Automotive sectors. In recent years, SIKA has been focused on building advanced facilities to expand its operational base to keep pace with the fast-paced development of the AD&S sector in India, and SIKA is well-positioned to meet the requirements of both potential international partners and domestic projects. Within the automotive sector, the company continues to undertake projects to supply critical capital equipment to a significant number of the major automobile manufacturers across the country.
Yahoo
04-06-2025
- Business
- Yahoo
SIKA TO ADVANCE THE DIGITAL TRANSFORMATION OF THE CONSTRUCTION INDUSTRY WITH GIATEC
SIKA TO ADVANCE THE DIGITAL TRANSFORMATION OF THE CONSTRUCTION INDUSTRY WITH GIATEC Sika has made a strategic investment in Giatec™ Scientific Inc., a global leader in digital concrete technology platforms specializing in smart testing and AI-driven solutions, headquartered in Canada. Giatec develops advanced sensors, software, and data analytics tools to optimize concrete quality, durability, and sustainability, from production and delivery to placement. This investment represents a significant milestone in Sika's overall digital strategy, helping the construction industry to improve efficiency and reduce carbon footprint. One key challenge in concrete production is the tendency to overdesign concrete mixes due to raw material fluctuations. With Giatec's AI-powered concrete mix optimization and Sika's advanced admixture technologies, the amount of cement and aggregates used can be analyzed and optimized precisely. This results in significant cost savings and a reduction in CO₂ emissions. In alignment with Sika's strategy to enhance its digital ecosystem, this partnership will accelerate the adoption of smart technologies. By integrating software, sensors, and data platforms, it aims to empower customers to monitor, optimize, and predict various aspects of construction projects for better outcomes. Ivo Schaedler, Head of Construction Sika: "Sika is excited to shape the future of the concrete industry through digital transformation, working closely with Giatec and its network of strategic global partners like Heidelberg Materials. By leveraging digital innovation, we are providing the construction industry with unparalleled data-driven insights that improve sustainability and performance, and enable the next level of modern construction." "We are pleased to strategically partner with Sika as we work together to redefine the future of AI-powered concrete construction," said Pouria Ghods, CEO and Co-founder of Giatec. "With Sika's global reach and proven leadership in the industry, we are uniquely positioned to scale our smart technologies worldwide, empowering the construction sector with data-driven solutions that enhance efficiency, durability, and sustainability on a global scale." GIATEC CORPORATE PROFILEGiatec is a global company revolutionizing the concrete industry by bringing smart testing technologies and real-time collection and analysis of concrete data from production and delivery to placement. Giatec's suite of hardware & software products has leveraged advanced technologies such as Artificial Intelligence (AI), and Internet of Things (IoT), including; wireless concrete sensors, mobile apps, and advanced non-destructive technologies (NDT) to drive innovation throughout concrete's lifecycle and reduce concrete's carbon footprint. For more information visit SIKA CORPORATE PROFILESika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and industrial manufacturing. Sika has subsidiaries in 102 countries around the world and, in over 400 factories, produces innovative technologies for customers worldwide. In doing so, it plays a crucial role in enabling the transformation of the construction and transportation sector toward greater environmental compatibility. With more than 34,000 employees, the company generated sales of CHF 11.76 billion in 2024. CONTACTDominik SlappnigCorporate Communications &Investor Relations+41 58 436 68 media release can be downloaded from the following link:Media ReleaseError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
