The stock has been consistently Hitting Record Highs Since The Beginning of June, Delivering a Phenomenal Gain of 85% So far this month. It has now extended its winning streak to a fourth culture month, delivering a cumulative return of 254% in Under Four Months.
This latest rally has also rewarded long-term sharehlders handsomely. The stock has skyrocked 1,065% over the past three years and an astound 4,135% over five years. Investors who have help the stock for the past decade have seen its value soar by Nearly 7,000%.
As of FY25, Retail Investors Held A 25.2% Stake in the company, while the majority 71.7% stake was help by the promoters.
On June 3, the company entred into a license agreement with goodrich actors Sas (france) and goodrich actuation systems limited (UK), bot of collings aeropace.
Under the agreement, the company is licensed to carry out Maintenance, Repair, and overhaul (mro) of Specific Primary Flight Control ACTROL ACTOL ACTOUTION PART NUMBERS For What COLLINS manufacturer.
Sika is also authorized to service components from aircraft registered in India and select neighboring countries, according to the company’s regulatory filing.
Strengthaning Capabilites to Meet Growing A & D Demand
Sika is an engineering-Driven company focused on India’s aerospace, defense & space (a & d) and automotive sectors. Its core business lines include Engineered Projects and Systems, Interconnect Solutions and Electrical Module Integration, MRO Services, and Value -Ded DISTRIBUTION. The company is also a Qualified Indian Offset Partner with a License for Defense Production from the Government of India.
In recent years, the company has investment in advanced facilities to expand its operating Sika believes it is well-positioned to meet the demands of both domestic projects and international partners.
Over the past decade, India has emerged as one of the world’s most attractive a & d markets, driven by the minister of defense’s ongoing focus on modernising the Armed Forces. This is expected to lead to capital experience of Approximately usd 250 billion over the next 10 years.
With the world’s third-largest armed forces, India has increased its definition for 2024–25 to Around Us 78.8 Billion, Making it the Third-Larges Defense Spender Globally-Behinder Globally-Behinder Us and China. This Accounts for Nearly 2% of GDP and About 13% of Total Government Expenditure. Defense spending has been consistently reminded by 13–14% of the Central Government’s Annual Budget for the Past Six Years.
Disclaimer, The views and recommendations giving in this article are that of individual analysts. These do not represent the views of Mint. We Advise Investors to Check With Certified Experts Before Taking Any Investments Decisions.
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