Shilchar Stock Surge & Expansion Plan

  Published 6 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.

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