Net profit of Siyaram Silk Mills rose 26.07% to Rs 10.35 crore in the quarter ended June 2017 as against Rs 8.21 crore during the previous quarter ended June 2016. Sales rose 13.44% to Rs 320.63 crore in the quarter ended June 2017 as against Rs 282.65 crore during the previous quarter ended June 2016.

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The result was announced after market hours yesterday, 26 July 2017.

Meanwhile, the S&P BSE Sensex was up 176.18 points, or 0.54% at 32,558.64. The S&P BSE Small-Cap index was up 81.32 points, or 0.51% at 16,179.96.

On the BSE, 316 shares were traded on the counter so far as against the average daily volumes of 1,634 shares in the past one quarter. The stock had hit a high of Rs 2,405.40 and a low of Rs 2,299.55 so far during the day. The stock had hit a record high of Rs 2,499 on 19 July 2017 and a 52-week low of Rs 994 on 2 August 2016.

The small-cap company has equity capital of Rs 9.37 crore. Face value per share is Rs 10.

Siyaram Silk Mills' board at its meeting held yesterday, 26 July 2017 approved a 2-for-1 stock split of equity shares. The announcement was made after market hours yesterday, 26 July 2017.

Siyaram Silk Mills manufactures and markets textiles, cotton, woollen synthetics and synthetic blends. The company is known for its polyester blended worsted fabrics.

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Siyaram Silk Mills announced that the Board at its meeting held on 26 July 2017, inter alia, has approved the sub-division of each of the Equity Shares of the Company having a face value of Rs. 10/- (Rupees Ten only) into 5 (Five) Equity Shares having a face value of Rs. 2/- (Rupees Two only) each.

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The announcement was made after market hours on Friday, 7 July 2017.

Meanwhile, the S&P BSE Sensex was up 376.35 points, or 1.2% at 31,736.98. The S&P BSE Small-Cap index was up 80.89 points, or 0.51% at 15,911.56.

On the BSE, 719 shares were traded on the counter so far as against the average daily volumes of 722 shares in the past one quarter. The stock had hit a high of Rs 2,304.80 and a low of Rs 2,250.05 so far during the day. The stock had hit a record high of Rs 2,364 on 8 June 2017 and a 52-week low of Rs 994 on 2 August 2016.

The stock had outperformed the market over the past one month till 7 July 2017, advancing 1.83% compared with the Sensex's 0.29% rise. The scrip had also outperformed the market over the past one quarter advancing 30.92% as against the Sensex's 5.57% rise. The scrip had also outperformed the market over the past one year advancing 105.05% as against the Sensex's 15.29% rise.

The small-cap company has equity capital of Rs 9.37 crore. Face value per share is Rs 10.

Siyaram Silk Mills said that a meeting of the board of directors of the company is scheduled to be held on 26 July 2017, to consider and approve sub-division of equity shares of the company.

Siyaram Silk Mills' net profit rose 57.1% to Rs 43.72 crore on 5.4% increase in net sales to Rs 529.27 crore in Q4 March 2017 over Q4 March 2016.

Siyaram Silk Mills manufactures and markets textiles, cotton, woollen synthetics and synthetic blends. The company is known for its polyester blended worsted fabrics.

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