Siyaram Silk Mills stock hit a high of Rs 788, and was trading at its highest level since December 2017 in an otherwise subdued market on expectation of strong earnings.
Siyaram Recycling Industries share price hit a new high of Rs 183.85, surging 16% on the BSE in Tuesday's intraday trade, amid heavy volumes.
The stock of the small and medium enterprise (SME) has more than doubled or zoomed 102 per cent in last 7 days from a level of Rs 64.80 on January 1, 2024
/ -- Siyaram Silk Mills Limited, a manufacturer of fabrics, readymade garments, and other textiles products, has announced its results for the second quarter and half year ended 30th September 2022. Financial Highlights (Consolidated) Q2 & H1FY23 The Company has witnessed an all-around improvement in its Q2FY23 performance, led by improved operating efficiencies, a better product mix and rationalised marketing initiatives. Particulars (? Crores) Q2FY23 Q2FY22 YoY (%) Q1FY23 QnQ (%) H1FY23 H1FY22 YoY (%) Revenue 636 480 32 % 399 59 % 1035 714 45 % EBITDA 129 91 41 % 59 117 % 188 128 47 % EBITDA Margin (%) 20 % 19 % 128bps 15 % 540bps 18 % 18 % NA PAT 80 53 52 % 41 94 % 111 65 70 % Financial Highlights Revenue for Q2FY23 was higher by 32% YoY and 45% YoY for H1FY23. An all-around performance in the fabric and apparel business led to this strong revenue growth. Domestic market demand remains buoyant with increasing traction from export mar
Raymond zoomed 3 per cent on Friday to hit an all-time high of Rs 1,329.90, after having gained 7 per cent in the previous session.
Siyaram Silk Mills jumped 6 per cent to hit a fresh 52-week high of Rs 344 on the BSE
With its series of TV commercials, textile major tries to project itself as a trendsetter in linen