Sika Interplant Stock Split: Key Details and Market Impact
Sika Interplant Systems, a leading player in India’s aerospace, defense, and automotive industries, has announced a 1:5 stock split to improve liquidity and broaden investor participation. As part of this move, each existing share with a face value of ₹10 will be split into five shares with a face value of ₹2 each. The record date for the stock split is set for March 17, 2025.
Strong Financial Performance
Sika Interplant Systems has demonstrated impressive financial growth, with net sales increasing 46.11% year-over-year to ₹37.98 crore in the December 2024 quarter. The company’s net profit surged by 51.06%, reaching ₹7.14 crore, compared to ₹4.73 crore in the same period the previous year.
Company Background and Industry Role
Founded in 1969, Sika Interplant Systems specializes in engineered projects, interconnect solutions, electrical module integration, and MRO (maintenance, repair, and overhaul) services. The company holds a defense manufacturing license and is a registered Indian Offset Partner (IOP), reinforcing its critical role in India’s defense sector.
Mobikwik Share Struggles After IPO Boom: Can It Recover to ₹698?
Recent Developments and Stock Performance
Recently, the company secured new orders worth ₹264 crore for advanced engineering products and services as of December 7, 2024. Over the past five years, Sika Interplant’s stock has delivered over 1,260% returns. However, in the last six months, the stock has seen a decline of approximately 10%, trading at ₹2,500 per share as of March 14, 2025. Market Cap of Sika Interplant is near to ₹1,000 crore.
Sika Interplant Stock Split
The Sika Interplant stock split is expected to enhance liquidity and make shares more affordable for retail investors. By increasing market accessibility, the move could attract a broader investor base and stimulate further market participation.
Disclaimer: This content is intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.