15 Jan 2025

SIS Stock Gains 0.80% on BSE; Invests Rs 70 Lakh in Agarsha Senior Care

SIS shares are currently trading at Rs 334.00, marking a rise of 2.65 points (0.80%) from its previous close of Rs 331.35 on the BSE.

The stock opened at Rs 331.40 and reached an intraday high of Rs 336.70, with a low of Rs 331.40. A total of 489 shares have been traded so far.

Belonging to the BSE Group 'A', the stock has a face value of Rs 5. It recorded a 52-week high of Rs 560.00 on 20-Jan-2024 and a 52-week low of Rs 326.85 on 14-Jan-2025. Over the past week, the scrip's high and low stood at Rs 355.40 and Rs 326.85, respectively. The company's current market capitalization is Rs 4,814.89 crore.

As per the shareholding pattern, promoters own 71.85%, while Institutions and Non-Institutions hold 18.82% and 9.34%, respectively.

In a strategic move, SIS has invested Rs 70 lakh in Agarsha Senior Care by subscribing to 43,868 Compulsorily Convertible Preference Shares (CCPS) valued at Rs 158.33 each through a rights issue.

The company made this investment under its SIS Ventures program, aimed at supporting early-stage, tech-driven companies offering complementary services that add value to its operations. This investment aligns with its goals, providing advantages for its Security and Facility Management segments.

SIS specializes in offering security, facility management, and cash logistics services, which are critical for maintaining a robust and dynamic economy.