Sub-Division From Rs 10 To Rs 2: 1:5 Stock Split To Take Effect On March 17; Retail Momentum Ahead?

Sika Interplant Systems is an engineering-driven business in India that specialises in the automotive, aerospace, and defence and space (A&D) industries. It offers systems, products, and services, including production and maintenance solutions. Following the Board's announcement of the record date for the 1:5 stock split, Sika Interplant Systems' shares closed Wednesday's trading session 0.45% higher on the BSE at Rs 2,485 per share, with a market capitalisation of Rs 1.05KCr.

Sika Interplant Systems Stock Split

"This is further to our communication dated 19th February 2025 regarding the Sub-Division of Equity Shares from a Face Value of ₹10 each to a Face Value of ₹2 each, fully paid-up, effective from Monday, 17th March 2025 (Record Date). Please be informed that the Sub-Division of Equity Shares will take effect under the new ISIN: INE438E01032. Enclosed herewith is the ISIN activation letter received from National Securities Depository Limited and Central Depository Services (India) Limited. We request you to kindly take the above information on record in compliance with Regulation 30, Regulation 42, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015," said Sika Interplant Systems in a regulatory filing.

Sika Interplant Systems New ISIN

"We are pleased to inform you that your ISIN - INE438E01032 - Equity Shares with Face value Rs.2/- (sub-division) has been made live in the CDSL system on 07March-2025 Should you require any further information or clarifications, please feel free to contact the Ms. Rupali Bhovar / Ms. Rensi Nadar / Ms. Vinifer Kodia on [phone] or [phone] or [phone] or e-mail us on [e-mail] or [e-mail] or [e-mail]," Sika Interplant Systems informed stock exchanges.

Sika Interplant Systems Q3 Financials

The company's December 2024 quarter net sales of Rs 37.98 crore showed a 46.11% growth over the December 2023 quarter's net sales of Rs 26.00 crore. The third quarter of 2024 finished with a net profit of Rs. 6.63 crore for the corporation, rising 39.23% from Rs. 4.76 crore in the same quarter of the previous fiscal year. EBITDA increased 37.39% from Rs. 6.66 crore in Q3FY24 to Rs. 9.15 crore in Q3FY25.

Sika Interplant Systems Share Price Target

"Sika Interplant stock price is slightly bearish on the Daily charts with strong resistance at 2600. A Daily close below support of 2435 could lead to a target of 2150 in the near term," commented A R Ramachandran, Independent Research Analyst.

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