Shivalik Bimetal Controls Ltd rose 6.43% today to trade at Rs 72. The S&P BSE IT Sector index is up 0.34% to quote at 15802.4. The index is up 1.92 % over last one month. Among the other constituents of the index, D-Link India Ltd increased 2.28% and Majesco Ltd added 2.13% on the day. The S&P BSE IT Sector index went up 5.56 % over last one year compared to the 2.58% fall in benchmark SENSEX.

Shivalik Bimetal Controls Ltd has lost 23.04% over last one month compared to 1.92% gain in S&P BSE IT Sector index and 1.93% drop in the SENSEX. On the BSE, 252 shares were traded in the counter so far compared with average daily volumes of 25339 shares in the past one month. The stock hit a record high of Rs 146.7 on 28 Mar 2019. The stock hit a 52-week low of Rs 55.2 on 02 Aug 2019.

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Shivalik Bimetal Controls announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2019.

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Net profit of Shivalik Bimetal Controls declined 49.31% to Rs 2.94 crore in the quarter ended June 2019 as against Rs 5.80 crore during the previous quarter ended June 2018. Sales rose 0.72% to Rs 50.68 crore in the quarter ended June 2019 as against Rs 50.32 crore during the previous quarter ended June 2018.

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Shivalik Bimetal Controls will hold a meeting of the Board of Directors of the Company on 12 August 2019.

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