Shish Industries is currently trading at Rs. 245.35, up by 9.20 points or 3.90% from its previous closing of Rs. 236.15 on the BSE.
The scrip opened at Rs. 247.80 and has touched a high and low of Rs. 247.95 and Rs. 244.80 respectively. So far 5547 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 247.95 on 25-Jul-2022 and a 52 week low of Rs. 50.40 on 06-Aug-2021.
Last one week high and low of the scrip stood at Rs. 247.95 and Rs. 191.00 respectively. The current market cap of the company is Rs. 248.90 crore.
The promoters holding in the company stood at 71.88%, while Non-Institutions held 28.12% stake in the company.
Shish Industries has received an approval for the incorporation of wholly owned subsidiary of the company namely ‘Shish Global Solutions’. The incorporation of wholly owned subsidiary will leverage the growth opportunities in the business of home and office decorative and interior designing items, hardware, sanitary, building materials, pipes and fitting and such other materials and items required for construction of homes and offices. The Board of Directors of the Company, in their Board Meeting held on July 23, 2022, has approved the same.
Shish Industries is manufacturer of plastic corrugated sheets, having large distribution network of distributors, warehouses and retail stores with location in over India and will expand to global markets further.
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