Latest news with #SikaInterplantSystems
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Business Standard
01-07-2025
- Business
- Business Standard
Dividend stocks: Bharat Seats & 1 other stock to trade ex-date on July 2
Dividend stocks: Bharat Seats and Sika Interplant Systems will trade ex-date on Wednesday, July 2, 2025, following the declaration of dividend. The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues. This means that investors who purchase the stock on or after the ex-date will not be entitled to these benefits. To be eligible, an investor must hold the stock before the ex-date. However, the final list of beneficiaries for dividends, stock splits, or rights issues is prepared by the company based on shareholders recorded at the close of the record date. Investors should note that the ex-date and record date for these stocks are the same, making them a key focus in today's market. Shares trading ex-date for dividend Bharat Seats has declared a final dividend of ₹1.1 per share "The board of directors has recommended dividend at 55 per cent i.e. ₹ 1.1 per equity share of ₹2 each of the company for the year ended March 31, 2025," the filing read. Besides, Sika Interplant Systems declared a final dividend of ₹2.4 per share, according to corporate action data on BSE. "The board of directors recommended a final dividend of ₹2.4 (Rupees Two and Forty paise only) per equity share of the company for the financial year ended March 31, 2025," the filing read. A final dividend is the last dividend paid by a company for a financial year, declared after the annual financial results are finalised. That apart, shares of Cera Sanitaryware, JSW Infrastructure and Polychem will be in focus today, July 1, 2025, as they will trade ex-dividend. Cera Sanitaryware has declared a dividend of ₹65 per share, JSW Infrastructure has recommended ₹0.8 per share and Polychem has declared a final dividend of ₹20 per share. What happens to the stock on ex-date? On the ex-date, the stock price typically experiences a drop by the amount of the dividend or corporate action (such as stock splits or bonus issues) that is being distributed. This adjustment happens because investors who buy the stock on or after the ex-date do not receive the dividend.
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.
Business Standard
05-06-2025
- Automotive
- Business Standard
Sika Interplant soars 56% in three days, hits record high
Sika Interplant Systems surged 14.39% to Rs 1287.25, extending gains for the third consecutive session. The stock has soared 56% in just three days and hit a record high of Rs 1,347.70 intraday. Over the past year, it has delivered a staggering 164.09% return. The surge comes on the heels of an announcement made on Tuesday (3 June), where the company revealed it had signed a license agreement with Goodrich Actuation Systems (part of Collins Aerospace). The deal allows SIKA to carry out maintenance, repair, and overhaul (MRO) services for key flight control components used in Airbus A320/A321 aircraft. The license applies to aircraft registered in India and select neighboring countries, reinforcing SIKAs focus on expanding its regional MRO capabilities. Sika Interplant Systems operates across engineered projects and systems, interconnect solutions and electrical module integration, MRO services, and value-added distribution. On a consolidated basis, net profit of Sika Interplant Systems rose 30.74% to Rs 7.91 crore while net sales rose 23.84% to Rs 46.02 crore in Q4 March 2025 over Q4 March 2024.
Mint
05-06-2025
- Business
- Mint
THIS defence stock rallies 14% to hit 52-week high, surges 56% in five sessions. Do you own?
Sika Interplant Systems share price surged as much as 13.59 per cent to hit 52-week high in Thursday's trading session to ₹ 1,347.7 apiece on Bombay Stock Exchange (BSE). Sika Interplant Systems stock rallied after the company announced on Tuesday that it had signed a major License Agreement with Goodrich Actuation Systems SAS (France) and Goodrich Actuation Systems (UK), both subsidiaries of Collins Aerospace, which is a part of RTX Corporation (previously known as Raytheon Technologies). ' We wish to inform you that SIKA Interplant Systems Limited ('SIKA') 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'),' the company said in an exchange filing. According to the filing, the agreement grants Sika the authority to carry out maintenance, repair, and overhaul (MRO) services for certain primary flight control actuation components for which Collins is the original equipment manufacturer (OEM). These components are essential parts of the Airbus A320 and A321 aircraft series, which rank among the most widely operated commercial aircraft worldwide. As per the agreement, Sika Interplant Systems has been granted a license to maintain aircraft components for planes registered in India and certain nearby countries, broadening the company's regional reach. This development represents a key strategic achievement for Sika, in line with its goal to strengthen its Maintenance, Repair, and Overhaul (MRO) capabilities to better support the aviation and aerospace industries across India and its neighboring regions. The partnership designates Sika as an authorized MRO provider for Collins Aerospace components, potentially opening doors to greater business opportunities from both commercial airlines and defense aviation operators using A320-family aircraft. Sika Interplant Systems share price has rallied over 56 per cent in past five trading sessions and over 80 per cent in over a month. The defence stock has given multibagger returns to its long-term investors by soaring over 166.37 per cent in one year. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
