Read on the application
Schilcher Tech Share: On the third business day of the week on Wednesday, when the market was volatile, some small cap companies saw strong gains. A small cap stock operating in the Electrics sector – Schilcher Technologies is also trading at a fresh 52-week high. During the trading, the share price rose nearly 8 percent to Rs. 1791 was born.
Let us tell you that the stock of Schilcher Technology has increased by 125% in the last 6 months. It has increased by 482% in last 1 year and 1465% in last 2 years. At the same time, there was a growth of 1892% in the last 3 years. Shilachar Technologies stock has returned 8404% in the last 10 years.
Record date for bonus shares: The company fixed September 6, 2023 as the record date for the 1:1 bonus issue on August 26, 2023. The record date is fixed for the purpose of ascertaining the eligibility of the shareholders for the issue of bonus equity shares of the company. One additional share will be issued for every 1 existing share.
Let us tell you that this electric sector company is debt free. For the quarter ended June 30, 2023, the company’s total revenue fell by 27.62% to Rs. 69.79 crores. The company is one of India’s leading manufacturers of electronics and telecom and power and distribution transformers. It was established in 1990 to manufacture R-core transformers.