Shilchar Stock Surge & Expansion Plan

  Published 8 months ago

Shilchar Technologies' stock surged 10.97% to Rs 4,871.70, driven by plant expansion plans and growth.

  • The company proposes adding 6,500 MVA to the Vadodara plant, raising the total capacity to 14,000 MVA by 2027.
  • An estimated Rs 90 crore investment will be funded internally, reflecting confidence in rising customer demand for growth.
  • Stock outperformed Sensex and SmallCap, trading below short‑term SMAs, RSI at 50.6, indicating neutrality currently.

You might like these

PHDCCI Pushes for Growth Reforms

Indian Markets Flat Amid Fed Uncertainty

Q1 Earnings: Key Stocks in Focus Today

Yes Bank Q1 Profit Soars 59%

Laxmi Organic: FY25 Results & Future Outlook

Sri Lotus Lists at 19% Premium

GNG Electronics Lists with 48% Premium

News that matters the most ⚡