SIS is currently trading at Rs. 457.05, up by 19.80 points or 4.53% from its previous closing of Rs. 437.25 on the BSE.
The scrip opened at Rs. 441.00 and has touched a high and low of Rs. 457.75 and Rs. 438.50 respectively. So far 1471 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 485.00 on 05-Oct-2023 and a 52 week low of Rs. 317.95 on 31-Mar-2023.
Last one week high and low of the scrip stood at Rs. 459.00 and Rs. 430.00 respectively. The current market cap of the company is Rs. 6671.10 crore.
The promoters holding in the company stood at 71.58%, while Institutions and Non-Institutions held 19.42% and 8.99% respectively.
SIS has received approval for an investment of upto Rs 3.5 crore in Entitled Solutions (Entitled), by way of subscription to Compulsorily Convertible Debentures (CCDs), for the acquisition of a minimum of 4.73% shareholding (subject to conversion of the CCDs as per the agreed valuation cap) in Entitled.
SIS had created SIS Ventures program to invest in early stage tech-enabled companies that provide Synergistics adjacencies and create value for its customers or employees. This investment fits in the employee category since it provides significant benefits to blue collar employees. The Investment Committee of the company at its meeting held on November 24, 2023, has approved the same.
SIS provides security, facility management and cash logistics services, which are essential to the functioning of a vibrant and healthy economy.